Could the Fed's Rate Cut Boost Job Hiring?

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Is there information that could allow me to substantiate my claim on the possibility of job creation arising from a cut in the rate by the Federal Reserve?

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Indeed, the Federal Reserve’s cut of interest rates may help boost hiring again. This is given the fact that businesses will find low rates of interest on borrowing funds, and thus making it more likely for them to expand their business and hiring more employees. Even companies that have been reluctant to hire because the costs of borrowing have been prohibitive may be encouraged to undertake such measures without any risk. Though the impact will not be instantaneous, however in the coming months, there may be a rise in the number of vacancies available.
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