Related Definitions

Jobs Growth

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Regarded as an economic indicator, jobs growth represents the number of new jobs created in a specific period, ideally on a monthly basis. A higher jobs growth is an indicator of increasing economic growth and a robust job market in the economy. Increasing rate of jobs growth is likely to have a positive and sustainable impact on the overall economic growth. A dedicated Bureau sends out a survey and publishes the results to track how many jobs are created in the country.

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