Cook said Apple also plans to put money into programs that will train "the next generation" of app developers, and he plans to announce more about these initiatives this upcoming summer. Apple has already created two million jobs in America and said the company has plans to hire "thousands more employees in the future."
The unemployment rate in computer and electronic manufacturing in the U.S. was relatively low, at 2.2 percent in December 2016, according to the most recent available data from the Bureau of Labor Statistics. But the number of people employed in this field has mostly been on the decline in the U.S. since 2007. Manufacturing, more broadly, employs some 9 percent of the U.S. workforce.