Definition of «job creation»

Job creation refers to the process of generating new employment opportunities for people. It involves creating new jobs in various industries, or expanding existing businesses and organizations which leads to an increase in their workforce. Job creation is typically seen as a positive indicator of economic growth and can have significant impacts on reducing unemployment rates and improving living standards. Governments often implement policies aimed at promoting job creation through tax breaks, subsidies or other incentives for businesses to invest and create new jobs.

Sentences with «job creation»

  • The longer - term trend for job creation in 2015 has been fairly robust, even if wage gains have been disappointing. (nytimes.com)
  • The utility has also been actively attracting data centers to the province since 2016, citing the potential for job creation by these centers. (links2exchange.net)
  • The level of job creation in recent months has just barely exceeded the pace needed to keep up with population growth. (nreionline.com)
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