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What is "job creation"

Longman Dictionary of Contemporary English
job creation
noun
EXAMPLES FROM CORPUS
▪ But the policy emphasis was always on job creation stimulated by economic development rather than on direct assistance to the unemployed.
▪ In job creation terms its return on the £170 million so far invested has been small.
▪ In all other business size categories, job creation either remained constant or actually declined.
▪ National wage agreements no longer guarantee job security, particularly when currency fluctuations can make job creation unprofitable, he said.
▪ The scheme offers a tailor-made development package involving support for job creation, project development and training.

Usage examples of "job creation".

It was a lot of bogus figures that didn't add up correctly, a lot of statistics on job creation for telepaths that definitely favored the commercial sector, some pie charts that attacked military spending, and the request for a new research and development center.

When he hit the Arkansas economy, I got to reply that Arkansas had always been a poor state, but in the last year we were first in job creation, fourth in the percentage increase in manufacturing jobs, fourth in the percentage increase in personal income, and fourth in the decline in poverty, with the second-lowest state and local tax burden in the country: “.

It's at about half the rate of preceding postwar recoveries from recession (there've been half a dozen of them) and the rate of job creation is less than a third.