Wednesday 21 September 2011

Facebook Apps create up to 2.3 lakh jobs; $15 bn in salaries

Social networking website Facebook, known as a platform for connecting with friends and acquaintances, also seems to be helping create lakhs of jobs, syas a new study.
According to the study by the University of Maryland's Robert H Smith School of Business, the proliferation of various Facebook-related applications could have created more than two lakh jobs this year alone in the US with salaries totalling more than USD 15 billion.

Facebook applications have created up to 235,644 new jobs and contributed an estimated up to USD 15.71 billion in wages and other benefits to the US economy, it said.

The study pegged the minimum number of such jobs at 1,82,000 this year, with at least USD 12.19 billion worth salaries and benefits in software companies making the applications for Facebook Platform and other sectors associated with such activities.


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