Employment Generation
Employment generation refers to the process of creating new job opportunities within an economy. This can occur through various means, such as the growth of existing businesses, the establishment of new companies, or government initiatives aimed at boosting job creation. The goal is to reduce unemployment and provide individuals with the means to earn a living.
Factors that contribute to employment generation include economic growth, investment in infrastructure, and education and training programs. By enhancing skills and providing resources, communities can foster an environment where businesses thrive, leading to more job openings and improved living standards for residents.