According to a study by the University of Maryland Business School, Facebook applications have created more than 182,000 jobs and contributed more than $12.19 billion in wages and benefits to the U.S. economy. The study was led by Il-Horn Hann, an associate professor of information systems, and was part of a partnership between Facebook and the University of Maryland.
“Our findings confirm that social media platforms have created a thriving new industry,” Hann said. “As Facebook and other platforms grow, we will continue to see job growth and the ripple effects of these advances in the U.S. economy.”
Research showed that Facebook apps has directly created 53,000 new jobs in the software companies that design the apps, and that the Facebook “app economy” has indirectly created at least an additional 129,000 jobs. Zynga, the largest social game maker, has over 2,000 employees.
Source: thehill.com
