How can we generate more jobs in each sector of economy?
Answers
Answer:
we can generate more jobs in the sector of economy by taking risks to make one own company of yours and try to increase litracy in people
The goal of all job creation strategies is to stimulate healthy economic growth. Economists agree that annual growth between 2%–3% is sustainable.1 This usually requires adding 150,000 new jobs per month to employ new workers entering the labor force. In a free market economy, the government doesn't need to do anything when growth is healthy; capitalism encourages small businesses to compete, thereby creating better ways to meet consumers' needs. Because of this, small businesses account for 65% of all new jobs created.2 The proper role of government is to provide a supportive environment for growth.
Even a healthy economy is subject to the bubbles and busts of the business cycle. When the economy contracts into a recession, the government must create solutions to unemployment. It may use expansive monetary policy, expansive fiscal policy, or both to stimulate job growth. Here are the eight job creation strategies that give the most bang for the buck.