Image for Job growth

Job growth

Job growth refers to the increase in the number of jobs available in an economy over time. When new businesses open, existing companies expand, or industries innovate, they create more employment opportunities. Healthy job growth indicates a robust economy, as more people find work, earn income, and contribute to economic activity. Conversely, declining job numbers can signal economic challenges. Tracking job growth helps assess the overall health of the economy and guides policymakers in making decisions to support sustainable employment.