5G Network Technology - Help Wanted!
The 5G revolution is upon us. Service providers are rolling out the fifth generation of wireless across the country. If predictions are correct, the speed, capacity and low latency provided by 5G will revolutionize everything around us.
The United States currently has approximately 27,000 tower technicians capable of installing 5G equipment, but estimates suggest a significant shortage with a need for additional technicians to fully build out 5G networks at scale; some reports indicate a potential need for an extra 20,000 technicians.
A study from Boston Consulting Group estimates that 5G will add 3.8 - 4.6 million new jobs by 2030, adding $1.4 - $1.7 to the US GDP. Of those new jobs, 451,000 will be in the construction industry. An added benefit is that these jobs aren't located to any geographic location, work will be happening all across the county.
The FCC estimates that 5,000 new technical jobs will be created for every billion dollars' worth for every of fiber installed. By 2030, they estimate that over $20 billion worth of fiber will be deployed, creating over 100,000 jobs. An additional 20,000 tower climbers will be needed as well to perform antenna maintenance. Add that to the numbers of technicians needed to install and maintain the small cells and you've got a sizeable boom in construction.