DIGITS

NEWS RELEASE: September 19, 2011 UMD Smith School of Business Study Finds Facebook Applications Create More Than 182,000 New U.S. Jobs Worth $12.19B+

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.

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