ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Monday, November 4, 2019
Amazon is responsible for most Big Tech job growth since 2000
https://www.cnbc.com/2019/11/04/how-many-jobs-have-amazon-google-and-apple-created-since-2000.html
The five largest tech firms, Apple, Microsoft, Amazon, Alphabet, and Facebook have given jobs to over 1 million people since 2000. Alphabet, who is Google's parent company has grown the most out of the five firms, with an employee number in 2018 that was 347 times what it was in 2001. Out of the firms, Amazon has created the most jobs but they are also the only company that counts its part time employees into their head count. Although these companies have created over a million jobs they have also displaced entire industries and contributed to job losses as well. With the growing tech industry I'm interested to see how these companies will continue to affect job growth in the U.S.
Subscribe to:
Post Comments (Atom)
I believe that the companies will continue their growth like they have before. I also think it will be interesting to see how these companies growth will effect their industries.
ReplyDelete