Creating Jobs: How IT Influences the Economy

  • By

    Carolyn April

    | Posted 2009-10-06
No Title
Global spending on IT will create 5.8 million new jobs between the end of 2009 and the end of 2013. The expected growth rate of 3 percent a year is more than three times as fast as the growth of total employment.
Finally, some good news. Analyst firm IDC is predicting that between now and 2013, IT and software spending will help create nearly 5.8 million new jobs and 75,000 new IT companies. The predictions stem from a recent IDC study, commissioned by Microsoft, that measures how IT contributes to a number of economic metrics in 52 different countries, including GDP, job creation, the formation of new companies and local IT spending. It contributes a lot, apparently. Read on to see how Channel Insider breaks out the data.

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