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Monday, November 28, 2011

Broadband Internet Could Bring A Half-Million Jobs

The Federal Communications Commission says the plan to bring broadband Internet to rural America could produce a half-million jobs. NextGov reports that the FCC is looking to create more than 111,000 jobs per $1 billion spent. The agency plans to redirect $4.5 billion from landline operations at rural phone companies toward broadband. They believe it'll take about six years to create more than 500,000 jobs.
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2 comments:

  1. AnonymousNovember 28, 2011 at 11:57 AM

    Must not be very good jobs. $1 billion dollars divided by 111,000 jobs is only $9,009.00 per job. Welfare and unemployment pay more than that.

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  2. AnonymousNovember 28, 2011 at 12:07 PM

    $9K per billion spent. The article mentions $4.5 billion so that would be That would be times 4.5 B, so around $40K per job.

    I wonder why the Post Office didn't get into offering internet and bill paying services? Maybe they weren't allowed? It seems like something that would be within their scope though.

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