Study Shows Technology Creates Jobs

A new study by EY (Ernst & Young LLP) shows that technology is a key driver of job creation among entrepreneurs.

The survey finds 76 percent of entrepreneurs plan to increase the size of their workforce in the year ahead – by an average of 19 percent. This is a positive finding, given recent StatsCan results that indicate companies overall are not as optimistic.

Another interesting finding from the survey is that technology is a job creator, not destroyer. In fact, more than half (51 percent) of the world’s top entrepreneurs agree that investments made in technology have changed their workforce – 81 percent of those saying it has led them to hire.

The report can be found here.