“Roughly three-in-ten adults with household incomes below $30,000 a year (29%) don’t own a smartphone. More than four-in-ten don’t have home broadband services (44%) or a traditional computer (46%). And a majority of lower-income Americans are not tablet owners.”
The outlook for future employment growth remains positive. Cyberstates projects the base of U.S. technology occupation employment will grow to 8.6 million by 2026. Retirements will put even more pressure to meet the need for tech talent, according to CompTIA.
Globally, employee engagement is low, and has been low for at least the last two decades. The latest Gartner Global Talent Monitor finds that only 32% of employees globally report high levels of intent to stay and only 14% report high levels of discretionary effort day-to-day.
Digitization has allowed for productivity and export growth in services that previously was not possible. This is the case with modern services such as finance, communication, software, legal, advertising, and business. Digital platforms and e-commerce have the potential to raise productivity, employment, and wages in the services sector.
The total number of investments venture capital firms have made to private companies in 2018 is on pace to set a five-year record, and venture capital funding is at nearly $443 Billion since 2014. Here’s how they attract and retain the top digital talent.
via CB Insights