College Park, Md. – September 19, 2011 – While the U.S. jobs picture may be bleak, the proliferation of Facebook and mobile technology applications has spawned an entirely new industry – dubbed the “App Economy” — that has added at least 182,000 new jobs and contributed more than $12.19 billion in wages and benefits to the U.S. economy this year, according to new research from the University of Maryland’s Robert H. Smith School of Business.
Passersby may have thought that a rock star or presidential candidate was en route to Van Munching Hall’s Frank Auditorium on the evening of Tuesday, Sept. 13, 2011.
The Smith School’s Office of Career Services (OCS) opened its new Career Center on September 15 with an open house for employers, faculty and students. The new center will help the school make key connections, create partnerships and build relationships with corporations to help companies meet their recruiting goals and students achieve their career aspirations.
It seems everyone is using Facebook – including a sizable number of businesses built around the platform. It’s an entirely new industry – dubbed the “App Economy,” and for the first time, professors at the University of Maryland’s Robert H. Smith School of Business have been able to quantify the economic impact of jobs created by this new industry.
U.S. News Ranks Smith School’s Undergraduate Program Among Nation’s Best
Smith School listed among top 10 in Information Systems,
Supply Chain Management, Management specialty categories