"Creating jobs" is just the post-2008 buzzword that is applied to just about every political argument. Just because a company makes more money doesn't mean they'll hire more people. There are clearly enough people employed by record companies because the records are getting produced.

If the company is able to accomplish their goal (create content and make $$$ off of it) with the number of employees they have now, why would they hire more just because they have more money? (Assuming, of course, that they will actually make more money by "stopping piracy")