Question

What does it mean for job creation and poverty?​

Answer 1

Explanation:

Reducing poverty through employment requires three major thrusts: (1) generate employment, (2) increase employability, and (3) make the labor markets more efficient. The first thrust works on the demand side of the labor market by creating job opportunities appropriate to the skills of the poor.

Answer 2

Job creation refers to the process of creating more jobs in the existing economic pattern.

Poverty is the inability to fulfill needs.

Explanation:

• Job creation can be referred to as the process of creating more jobs in the economy.
• This can be done by the introduction of new sectors or programs or by increasing the number of employees required in the existing institutions.
• Job creation is one of the most important factors in determining economic growth.
• Poverty can be defined as the inability of people to fulfill even their basic needs.
• It is the scarcity of financial resources.