App Economy Continues to Grow

This morning’s employment report confirms that the App Economy continues to grow, while much of the rest of the economy stays weak. The number of people working in computer and mathematical occupations is up by 7.5% over the past year, compared to a 1.1% gain for all other management and professional occupations. Take a look at this chart, which shows the change in employment in all management and professional occupations over the last year.  Two things are striking here. First, computer and mathematical occupations are far outpacing all other management and professional occupations. Second, job growth in many management and professional occupations is actually negative over the past year. 

The worst performance is found among life, physical and social scientists, a group which alas includes economists.  But there is an awful lot of ‘red’ in this chart.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Archives

Follow

Get every new post delivered to your Inbox.

Join 64 other followers

%d bloggers like this: