Jobs

NEWSFLASH: Internet Economy Grew Seven Times Faster Than Total U.S. Economy, Created Over 7 Million Jobs in the Last Four Years, study finds

A new IAB study by Harvard Business School Professor Dr. John Deighton finds: Internet powers U.S. job growth: — In 2020, “[m]ore than 17 million jobs in the U.S. were generated by the commercial internet, 7 million more than four years ago.” — “272 [congressional districts] have at least 10,000 internet-dependent jobs.” — “More internet jobs, 38 percent, […]

CHARTS: Tech Delivering Economic Value, Bucking Economy-Wide Trends

At Jackson Hole, economists discussed the rise of economy-wide corporate concentration and its impact on the macroeconomy, including investment, wage, and monetary policy. Tech critics have worked to connect this trend to tech, but – as we’ve noted before – tech bucks the trends seen in other sectors of the economy. In fact, regarding investment, […]

Consumer benefits Consumer Welfare Economic Impact ICYMI Jobs VC

ICYMI: Atkinson And Lind Highlight Economic Benefits Of Large Firms

Yesterday in The Atlantic, Robert Atkinson and Michael Lind wrote, “The anti-monopoly school identifies many genuine problems, ranging from low wages to the massive influence of money in politics. But the solution to low wages is not to break up big, productive firms that pay higher wages. Public policy should encourage start-ups that have the […]

Economic Impact Jobs

The Technology And Internet Sectors Are Leading Innovators And Job Creators, Creating More Opportunities For All

Be it in the form of wages, jobs, investment, or entrepreneurship, today’s leading technology services have opened the floodgates of economic opportunity in the United States. They invest heavily in research, people, and ideas spurring economic growth that has touched every corner of the country.