job

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Job

Gainful employment. Strictly speaking, a job refers to employment by another person or company, but the word is often used to describe self-employment as well. Because individuals are compensated for their work at their jobs, these are considered necessary for a society to function. According to Keynesian economics, the money one earns from a job can create more jobs because the money creates demand for goods and services that must be provided. Supply-side economics, on the other hand, maintains that lower taxes are best for job creation.

job

  1. a work task or series of work tasks to be performed. For factory operatives the work tasks are often clearly defined as a specific set of machining or assembly operations. By contrast, at senior management level, work tasks are less clearly defined and managers have more discretion as to the range of tasks to be performed and how they are performed.
  2. a unit of good or service for which costs can be ascertained. The job or cost unit could consist of a single order. Alternatively, the job or cost unit could be a batch or group of identical products passing together through production.

job

a work task or series of work tasks to be performed in order to produce a good or service. Jobs differ in terms of skills, physical fitness, personality, etc., requirements, and in terms of the decision-making autonomy and responsibilities involved. Some jobs involve a wide-ranging set of work tasks while others may be broken down into a number of narrowly defined activities through a ‘division of labour’. Such SPECIALIZATION is often conducive to achieving high levels of labour PRODUCTIVITY in industries such as motor-car assembly that utilize mass production techniques. In other cases, productivity may be enhanced by grouping together larger numbers of work tasks to form individual jobs. Job design has an important effect on job satisfaction and thus levels of absenteeism, labour turnover, industrial disputes, etc., which affect productivity In some instances the process of specialization has been partially reversed by programmes of job enlargement (adding additional tasks to provide greater variety), 288

job rotation (where workers rotate jobs to reduce monotony) and job enrichment (where workers are given greater scope in deciding how tasks should be performed).

References in periodicals archive ?
But slowing job growth and a shrinking labor force virtually dictate that there will be a new chapter to the jobs story as campaigning goes into full swing.
As evident from Figure 4, there has been a divergence between national GDP and Louisville job growth since the Great Recession.
Colorado: 13.67 percent job growth in the key industries of mining and professional and business services
Philadelphia Saw six consecutive months of declines in average rents, however, the anticipated regional job growth in this market could boost performance in 2017.
The NatWest Regional Economic Tracker indicates that both younger and older workers have done well out of the job growth over the last year.
But in the past 5[x] years, the job growth in Massachusetts has averaged 1.6 percent, compared to 0.9 percent in the Granite State.
Lee Biggins, managing director at CV-Library, said: "It's exciting to see that job growth is being experienced in the Midlands, especially at a higher rate than the national average.
"Effective rent growth correlates to job growth 83 percent of the time," said Ron Johnsey, president of Dallas-based Axiometrics Inc.
As the rebound effect diminishes, local housing markets need to depend more on job growth, which is a more sustainable driver of housing demand.
Modest but steady job growth has become a hallmark of a nearly 5-year-old economic rebound that remains sluggish yet strikingly resilient.
The rankings found that the financial advisory profession has one of the lowest unemployment rates and one of the highest job growth rates around.
! Washington, Rabi'I 15, 1435, Jan 16, 2014, SPA -- The number of people filing new claims for unemployment benefits fell for a second consecutive week, the government reported Thursday, suggesting a sharp slowdown in job growth in December was likely to be temporary.