The Multiplier Effect - When 1 Job Creates More

Friday, April 05, 2019

(source- Economic Policy Institute, 2019)                           

When you create a job, there's an employment multiplier effect beyond the job itself. Jobs spur demand for goods and services from suppliers, they generate tax revenue supporting public sector employment, and they stimulate economic activity when newly employed workers spend their paychecks.Here is the number of additional jobs you get when one job is created in each of these 13 major private-sector industry categories:

 

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