{"tema_id":"78","string":"Employment multiplier","created":"2024-04-20 21:01:15","code":"","modified":"0000-00-00 00:00:00","notes":[{"@type":"Bibliographic note","@lang":"en-EN","@value":"Blumenfeld, Hans. \"The economic base of the metropolis: Critical remarks on the \u201cbasic-nonbasic\u201d concept.\" Journal of the American Institute of Planners 21.4 (1955): 114-132. "},{"@type":"Definition note","@lang":"en-EN","@value":"In the context of assessing industrial urban projects, \"employment multipliers\" refer to an economic indicator used to estimate the number of total jobs created as a direct result of new investments. This concept captures not only the immediate jobs generated by the investment itself but also the secondary or induced jobs that arise in the broader economy due to increased spending by those directly employed and the subsequent demand created in related sectors. \n\n\nDirect Employment: Jobs created directly by the new investment, such as those in construction, manufacturing, or operations within the new facility.\n\n\nIndirect Employment: Jobs generated in the supply chain as a result of the new investment, including suppliers, distributors, and other ancillary services that support the primary business activities.\n\n\nInduced Employment: Jobs created as a result of increased spending by the employees who are hired directly and indirectly. This includes positions in local businesses such as retail, restaurants, and other service industries.\n\n\nEmployment multipliers provide a quantitative measure to evaluate the potential socio-economic benefits of industrial urban projects "}]}