A brand new report from Oxford Economics reveals that TikTok has develop into a key driver of employment in america, with 7.5 million companies on the platform supporting greater than 28 million staff. The research, revealed in the present day, highlights TikTok’s position in job creation and financial alternative, significantly for small and mid-sized companies.
4.7 Million Jobs Instantly Profit from TikTok
The Oxford Economics report estimates that 4.7 million jobs within the U.S. profit instantly from utilizing TikTok. This consists of:
- Over 3.1 million staff who use TikTok of their jobs by creating content material for the platform or managing accounts.
- Greater than 1.6 million staff who profit not directly, akin to gross sales groups producing leads, advertising and marketing groups partaking clients, and product groups analyzing consumer suggestions.
Companies Scaling with TikTok
The research discovered that 74% of companies on TikTok reported the platform helped them scale their operations, a development noticed throughout each small and enormous enterprises. TikTok’s distinctive format permits companies to create genuine and interesting content material, increasing their attain and driving income development.
“Tiktok’s influence on the US economic system continues to develop, with thousands and thousands of small and mid-sized companies utilizing the platform to succeed in new clients, improve engagement, and create jobs,” mentioned Blake Chandlee, President of International Enterprise Options at TikTok. “The most recent Oxford Economics report underscores this rising affect, estimating that 28 million individuals are employed by companies that leverage TikTok’s options. The platform isn’t only a device for model consciousness—it’s a catalyst for actual financial alternative, fueling job development and innovation throughout the nation.”
Laurence Wilse-Samson, Lead Economist at Oxford Economics, added, “The survey findings and an evaluation of TikTok’s enterprise account knowledge counsel that thousands and thousands of individuals in US companies are both instantly utilizing the app as a part of their jobs or profit from the leads and alternatives it creates.”
Constructing on Earlier Analysis
This newest report builds on Oxford Economics’ 2024 research, which targeted on small and mid-sized companies (SMBs) utilizing TikTok. That earlier evaluation estimated that SMBs contributed $24 billion to the U.S. GDP and supported 224,000 jobs throughout the availability chain. Not like the earlier research, this new report considers companies of all sizes, resulting in a considerably increased estimate of complete jobs impacted by TikTok.
The analysis was based mostly on a 1,000-respondent survey carried out from December 2024 to January 2025, which included companies from all 50 states, the District of Columbia, and Puerto Rico. To take part, companies had been required to have a TikTok account for enterprise use. The findings additionally incorporate TikTok’s proprietary enterprise account knowledge and U.S. Census Bureau enterprise inhabitants estimates.
Actual Enterprise Success Tales
Small enterprise house owners credit score TikTok with reworking their operations and enabling them to develop.
“We began in September 2016 with nothing however a small meals stand in an area flea market—simply me, my husband, and two staff,” mentioned Vanessa Barreat, proprietor of La Vecindad in Las Vegas, Nevada. “At this time, we have now 60 staff, two places, and a thriving neighborhood of consumers who discovered us by TikTok. Dozens of households now depend on La Vecindad, and we are able to even ship our kids to varsity—one thing we as soon as solely dreamed of.”
The platform’s influence spans varied industries, together with retail.
“TikTok was one of many main components that helped us triple our enterprise,” mentioned Alex Bellman, chief working officer of Bellman Jewelers in Manchester, New Hampshire. “Due to TikTok, we needed to rent eight new staff and at the moment are opening a second location in Boston. With out this platform, we’d must spend tens of hundreds of {dollars} simply to attempt to compete with bigger manufacturers. It’s helped stage the taking part in area for small companies like ours.”
Past Enterprise Accounts
The report notes that TikTok’s financial influence extends past companies which have official accounts. Many impartial creators, entrepreneurs, and private manufacturers use the platform to generate revenue, construct careers, and help their skilled endeavors.