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- Published on 13 June 2019
5G Jobs Aplenty – Cisco, Intel, Others Seek Candidates
It’s no surprise that much of the job creation is coming from wireless operators and their infrastructure vendors. Most are among those hiring 5G talent.
Will the deployment of 5G-based wireless services for businesses and consumers translate into large and sustained job growth for the U.S. workforce? The president and FCC chairman, among others, are betting heavily on it, directing spectrum and seed funds to the nascent 5G deployment effort.
Economic growth
The wireless industry supports over 4.7 million jobs and contributes about $475 billion a year to the U.S. economy, according to a recent Accenture report cited by the CTIA. U.S. wireless companies have started to invest an estimated $275 billion into building 5G networks, an ongoing effort that the CTIA believes will create three million jobs and boost the gross domestic product by $500 billion, according to a second Accenture study. The CTIA estimates that one out of every 100 Americans “will benefit from a new 5G job.”