The National Spectrum Consortium and the Progressive Policy Institute (PPI) unveiled groundbreaking research that finds that the 5G revolution will create 4.6 million jobs through 2034 as part of a new wave of mobility and innovation. Additionally, the study finds that current 5G build-out and engineering activities have created 106,000 jobs as of April/May 2020, helping in a modest way to offset the impact of the COVID-19 crisis.
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The @NSConsortium teamed up with Dr. Michael Mandel & Elliott Long of @ppi to showcase how #5G will drive job growth in the next 15 years: https://www.nationalspectrumconsortium.org/wp-content/uploads/2020/09/PPI_The-Third-Wave-5G_Portrait_Final.pdf #5GJobs
The study, conducted by Dr. Michael Mandel and Elliott Long of PPI on behalf of the National Spectrum Consortium, finds that this new wave will create both “cognitive” and “cognitive-physical” skilled jobs across the economy. This includes agriculture, construction, manufacturing, utilities, transportation and warehousing, education, healthcare, and government including defense. By contrast, previous waves of wireless-driven job growth were more likely to be centered in “digital” industries such as entertainment and social networks.
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“5G, with its low latency and high throughput, is transforming the world we live in with enormous implications for both technology development and job creation,” said Salvador D’Itri, Chair of the National Spectrum Consortium. “From a technology perspective, 5G is where the network meets the cloud and is changing industry after industry. From an economic perspective, 5G will create 4.6 million 5G-related jobs through 2034 and has already created more than 100,000 new jobs. That’s why it’s so important for the U.S. to remain the global leader on 5G, helping to unleash a new wave of job creation in our nation.”
“The 5G revolution will benefit a far wider set of Americans and regions than previous waves of mobility did,” said Dr. Michael Mandel, Chief Economic Strategist at PPI. “This new wave will create both ‘cognitive’ and ‘cognitive-physical’ skilled jobs, which will be located in nearly every industry and in every corner of our nation. Given the incredible opportunity before us, the federal government should continue to make major investments in 5G and provide job training so that workers can take advantage of these emerging opportunities.”
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