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Jobs Growth
(redirected from Job growth)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Jobs Growth
The number of jobs created in the United States in a given month. While this can affect the unemployment rate, the two figures are separate. For example, there can be positive jobs growth and unemployment can still rise. This is because population growth adds new members to the workforce at all times. Jobs growth must at least keep pace with this in order to prevent unemployment from rising. Jobs growth is included in the Employment Situation Summary published by the Bureau of Labor Statistics each month.


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The seasonal adjustment performed by the BLS transformed the actual job growth of 320,000 to a seasonally adjusted job decline of 345,000 based on the fact that in a normal year, one would expect greater job growth during May than what was seen.
Several communities are at risk of home price reductions but in areas that have strong economic fundamentals such as low unemployment rates, good job growth and incomes, the risk of home price declines is much lower.
economy, it is important to consider both the change in employment levels and the change in productivity, according to the current issue of the Blue Chip Job Growth Update.
 
 
 
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