(redirected from Job growth)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.


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.


  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.


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 ?
In addition to job growth, Liverpool also saw a huge rise in the number of job applications being made to roles in the city.
The TriNet population as a whole finished December with a 22% net job growth, more than double the 2013 growth of 10%.
Other markets, including Dallas, Houston and Austin, Texas, saw high third-quarter job growth (3.
51 (that's the rebound effect), which is slightly below the correlation between price changes and job growth.
The smaller workforce implies a lower number of households - and that, too, has historically constrained both GDP growth and job growth.
But if you look at the metropolitan areas that led the pack in terms of net job growth, they tended to have younger business establishments, on average, than those that lagged behind.
Unemployment rates in the District came down relative to the national unemployment rate during the 1980s, despite overall job growth that was slower than the national average, because the District's labor force generally grew more slowly than that in the nation.
At a Bloomberg / Google breakfast, a new study was released by the Bay Area Council Economic Institute (BACEI) and Engine Advocacy that found that technology industries are fueling job growth across the country.
In California the construction sector is forecasted to add 3,180 jobs in October, contributing to a total job growth of 10,410 over the next three months of 2014.
economy over the last year and Gross Domestic Product, the most common measure of the overall economy, has shown some volatility," commented Dawn McLaren, an economist with the JPMorgan Chase Economic Outlook Center, which publishes the monthly Job Growth Update and its quarterly companion, the National Consensus Forecast of Labor Employment, Compensation and Productivity.
The take-home message for us is when you look at the housing sector's contribution to job growth in the early years of the decade and look at the current environment, there are widespread implications.
9 percent above its level for the same period in 1996, and it marks the sixth consecutive quarter that state job growth has fallen short of growth nationwide.