New
jobs are created just because the jobs at the Iowa County State Fair. Every job
created by attendees of the fair, there will be 0.8 additional jobs will be
created. The income multiplier created by the attendees of the Iowa County Fair
is 1.25, implying that for every dollar of labor income earned by employees of
the fair; an additional $0.25 of labor income is earned in the community. So
not only is the fair creating employment for work inside and outside the fair,
but also affecting the labor income in the community. The additional work
created will bring up the unemployment rate and help the economy flourish.
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