Broadband and Tech Jobs Will Drive the Future

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Before the year ended, the Bureau of Labor Statistics issued its ten-year employment outlook projections, which illustrated the significant role broadband networks play in U.S. economic growth, job creation, and global competitiveness. According to Patrick Brogran at U.S. Telecom, “The broadband network industries today employ approximately 850,000 Americans in high-wage jobs today. While network industry employment is projected to decline in the next decade employees to just over 800,000 jobs, it is declining at a dramatically lower rate than it did from 2000-2012, when it lost 600,000 jobs.Thus, the new BLS projections indicate the telecom industry has streamlined itself in response to the competitive environment ushered in by new technological developments and pro-competitive government policies, and it will remain a significant economic force in the U.S. long into the future.” With the growing number of mobile devices and subscribers, the wireless industry will continue to grow and we’ll need a reliable wireless infrastructure to support the demand. “Broadband network providers are in the telecommunications category, which includes wired telecom and cable operators, wireless telecom, satellite providers, and telecom resellers. Wired telecom, which includes both wireline telecom and cable providers, is the largest employer in the group with 580,000 jobs in 2012, or 67.5 percent of the telecom industry. Wired telecom will still have 508,000 jobs a decade from now, or 64 percent of the telecom industry, the survey projects,” Brogan explains.

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