Economic Impact: Certain occupations dependent on R&D show an impressive relationship between innovation and growth

Businesses and nations that spend more on research and development grow at a faster pace, according to many studies. More than half of all R&D expenses on average are attributable to labor, according to an analysis of countries that belong to the Organization for Economic Co-operation and Development.

R&D Employment: Innovation and Growth

Studies show a positive relationship between innovation and growth. Companies with a higher degree of R&D orientation grow faster than other firms. Further, nations with greater expenditures on R&D as a percentage of GDP also experience faster economic growth.

Our Most Popular Blogs of 2017

This year on our blog we dug into applications of real-time intelligence data, explained changes to classification systems and forecasts, peeked behind how JobsEQ handles certain calculations and data, and a lot more. As we look forward to all the new content to come in 2018, here are our most popular blog posts from this year. In honor of counting down the new year, the top ten posts are sorted from least to most read.

Economic Impact: Holiday retail sales should be stronger this season

The holiday selling season got off to a strong start on Black Friday but the results were mixed when comparing online versus in-store sales. Online spending for Black Friday, the traditional start of the holiday selling season, was up 16.9 percent compared with the same day in 2016, according to Adobe Digital Insights, which tracks online spending in the nation’s 100 largest retail websites.