Job Creation Definition

New York, NY, October 15, 2009, There will be a Pop quiz on this subject every morning throughout the rest of your life.
When asked; “What is Job Creation”, how do you answer? When we interview people randomly, most people gave our organization a blank stare. Too often people come to the Foundation for Job Creation for a job. However we don’t provide jobs, we just try to support the ideas that create jobs. These ideas lead to real innovation. The kinds of Innovation that change and employs the world eventually. The Foundation for Job Creation, www.jobcreation.us 4createjobs, offers the following information to clarify to the general public, a definition, as to what exactly job creation is. The Foundation for Job Creation presents 4 basic definitions of methods for creating jobs in a free market system,… for creating jobs in America.
Entrepreneurs and government act socially responsible every time they employ someone. They are dependent on each other to be in balance. Too much influence of either side is detrimental and will cause the system to stall and spin in a tethering, out of control way, until properly realigned.
The definitions of job creation are listed from the easiest method (no. 1) to the hardest method (no. 4). The first two methods are out of your control unless you hold an elected or appointed position in the government, number three and four are in the control of the free market system (that means you). Immediately following our four definitions are the published definitions by others for your reference, they were retrieved on the internet.
1. Job Creation by Government spending/stimulus: The Government can stimulate job creation when it invests in projects that improve or create new services. These activities could include releasing contracts to the private sector for infrastructure, defense, engineering, justice, etc. Other ways that the government creates jobs is by issuing special grants for privately run programs. These are often for special studies and research. Grant receivers do employ people. However these grants are often connected to special favors called earmarks. These seemingly good gestures destroy independent innovation that is developed by unconnected science communities and can cause discouragement to innovate by others.

The government also often decides to grow itself and hires new government employees. Some people argue that the bigger government gets; the more overhead private taxpaying industries must pay to support the costs of government. We vote for people to make these decisions for us. It might be a good idea to pay attention to the details in Congress.

This is the easiest Job Creation method because the government seems to have an endless supply of tax payer’s money/credit and Congress feels no pain in their own wallets.

2. Job Creation is influenced by legislation and monetary policy: A change to monetary policies, tax incentives and changes in regulations effects employment. The government needs tax revenues and walks a fine line trying to measure the complicated causal effects of their actions. Good intentions can stray an economy as the actors in the theatre of the economy react to a multitude of conditions at once. These rules and regulations are what established businesses love or hate. The more often there are major changes to tax structure and regulation , the more often there are major movements in rates of employment, either job creation or job destruction. Too many changes can hurt an economy and too little can damage an economy. Again, it is a balancing act that is becoming more and more difficult with the existence of special interest lobbyists, non-profit Political Action Committees with noble concerns over social issues and the environment. Government actions do matter

3. Job Creation a market share approach: Job creation can occur when the unemployed become ambitious and start their own business in easy entry industries and markets . This is usually accomplished when an unemployed person turns into an entrepreneur and goes into business to compete in the industry they were familiar with for many years. These new businesses’ create jobs simply by innovating and implementing the ideas that were ignored when they were employed. Most small businesses that begin come to the rude awakening that “it’s not that easy” but survivors tend to change entire industries that were stuck in operating the” same old way” for years. This also leads to lower prices, stable wages , higher revenues and growth for services in that industry.

The perfect example is the middle manager that is unemployed and becomes a contractor. In the 1980’s we had a serious recession and an aging construction industry. Many college educated people became involved in construction and began their business with the notion of implementing technology in that industry. This created the beginning of a thirty year boom in the manufacturing of one of the last products America had to offer, …Real Estate. The innovations, such as , the screw gun, the air-nail gun, new roofing products, vinyl siding, pvc tubing ,and light weight scaffolding are a few examples of the innovations that made labor easier to train and kept the price of building stable. The cost of installing a roof, for instance, stayed basically the same for almost 30 years. That is ambition blended with basic low tech innovation. That is one form of Job Creation

4. Job Creation through Ideas: Innovate, create, invent, and invest. The most difficult but the most effective way to create long term employment is to create new industries. It truly is the hardest way but the best way to continually grow an economy that can support its citizens with employment. In the 1990’s the computer desk-top industry exploded along with the internet industry. It was a time of high prices for technology, confusion in this new young technology industry and lots of good paying jobs. It is possible to see new industries surface suddenly as as we maintain the free markets environment and investment becomes more transparent and accessible to everyone.

There are many opportunities on the horizon. Ideas that will lead to innovation are alive and waiting somewhere. The Foundation for Job Creation wants to do their part to bring them forward.

The Foundation for Job Creation hopes our definitions and the definitions below are helpful to everyone. We thought it would be better if more people had an understanding of Job Creation. Job Creation is not an easy task. We have been following most business news stations and we have not been able to get a grasp from them or Wall St pundits. Wall St seems to be detached or unconcerned with the value of Job Creation, they need these definitions also.
Other issues that affect Job Creation
A. Continuing education and preparation for shifts in employment needs. Americans must be adaptable to change. Continuous re-education to prepare one-self to learn new techniques and technology, as labor/intelligence needs change. America can create jobs by being prepared for changes and an increase of inevitable competition from less expensive well educated labor markets.

B. Adopting a methodology to forecast the innovation development and innovation deployment in the future is important.
The goal of The Foundation for Job Creation is to be a practitioner job creator. The following are the published definitions for Job Creation that are readily available. According to some economic groups you need to be a certified economic developer, we disagree.
The Foundation for Job Creation is entrepreneurial and self supporting through memberships and donations. The Foundation is holding its first fundraiser on December 13, 2009, a nationwide virtual Bench press contest www.liftamericaup.org Bench Press Contest. The donation to be a part of this effort is only twenty dollars to enter and an easy way to lift some weight off of the chest of America. The fundraiser is open to men, women, the disabled, and active soldiers. All participants have a chance to win some of $14000 in prizes and The Foundation believes it will create a world record for the most weight lifted cumulatively in a single weightlifting competition. The Guinness book of World Records is allowing teams of 9 people to form and compete for the 24 hour record for most weight lifted. We need all of you to help our Foundation for Job Creation. Pass these definitions around and feel free to send comments directly to our Foundation. We want to get it right and you can help, email your comments to: definitions@jobcreation.us .

Other Definitions of “Job Creation”
1.Job creation - Definition of job creation noun from Cambridge ...
Definition of job creation noun from Cambridge Dictionary Online: Free English Dictionary and Thesaurus. Meaning of job creation. job creation synonyms, ...
dictionary.cambridge.org/define.asp?key=1083399&dict.
Job Creation noun: The process of providing new jobs, especially for people who are unemployed. “The governments Job Creation strategy”(Definition of job creation noun from the Cambridge Advanced Learner's Dictionary)

2. As published by the longmans dictionary www.ldoceonline.com/dictionary/job-creation
Longman Dictionary: Standard: Job Creation-The process of making more paid jobs available.
3. As published by the Free dictionary http://www.thefreedictionary.com/job+creation+scheme
The Free dictionary: Job creation programs are programs or project undertaken by a government or state of a nation in order to achieve assist the population in seeking employment. They are especially common during time of high unemployment. They may either concentrate on macro-economic policy in order to create a supply of employment, or create more efficient means to pair employment seekers to their prospective employers.

Job creation programs are a cornerstone of Keynesian economics.
4.(From Wikipedia as published on the internet)
Wikipedia: Job creation programs are programs or projects undertaken by a government of a nation in order to assist unemployed members of the population in ...
en.wikipedia.org/wiki/Job creation

5. As published by the “Network” http://www.findmehere.com/about.htm
Author:Economic Development Services, Inc.10822 Big Canoe Big Canoe, GA 30143-5136 (US)
Job creation:... A term used in various definitions of economic development (example) indicating that one objective for it its practitioners is to indirectly produce job opportunities. One of the basics of economic development is to maintain locations so that community vitality is sustainable. The creation of replacement jobs for the unemployed and underemployed is one of the keys to sustainability. Also, the retention of jobs that fit the qualifications of a community workforce is part of the best practice approach to economic development. The Network defines enterprise and economic development as a process of job creation.
Economic development practitioner:
... an economic developer; an expression used to identify a person working in the field and, in addition, having credentials provided by an academic institution or association, for example, the certification program (CEcD) of the International Economic Development Council.

Source:
The Foundation for Job Creation
414 Newark Ave
Bradley Beach, NJ 07720
732-995-3914
Mark Nejmeh
pr@jobcreation.us