Cannot delete or update a parent row: a foreign key constraint fails

As is, you must delete the row out of the advertisers table before you can delete the row in the jobs table that it references. This:

ALTER TABLE `advertisers`
  ADD CONSTRAINT `advertisers_ibfk_1` FOREIGN KEY (`advertiser_id`) 
      REFERENCES `jobs` (`advertiser_id`);

…is actually the opposite to what it should be. As it is, it means that you’d have to have a record in the jobs table before the advertisers. So you need to use:

ALTER TABLE `jobs`
  ADD CONSTRAINT `advertisers_ibfk_1` FOREIGN KEY (`advertiser_id`) 
      REFERENCES `advertisers` (`advertiser_id`);

Once you correct the foreign key relationship, your delete statement will work.