Question

Employment Multilpier.

Employment Multilpier.

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Answer #1

AN EMPLOYMENT MULTIPLIER IS ONE OF THE MEASURE USED TO DETERMINE THE IMPACT A PARTICULAR INDUSTRY WILL HAVE UPON A MUNICIPALITY WHEN IT ARRIVES OR DEPARTS. IN THE SIMPLEST TERMS , EMPLOYMENT MULTIPLIER MEASURES THE AMOUNT OF DIRECT , INDIRECT AND INDUCED JOBS CREATED (OR LOST) IN THE AREA. DIRECT JOBS ARE RELATED TO THE SPECIFIC INDUSTRY , WHILE INDIRECT JOBS ARE THOSE THAT SUPPORT THE INDUSTRY...INDUCED JOBS ARE THOSE THAT ARE A RESULT OF DIRECT / INDIRECT EMPLOYEES SPENDING MONEY IN THE COMMUNITY..GENERALLY ,INDUSTRIES WITH HIGHER MULTIPLIER ARE MORE DESIRABLE....

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