employment

(redirected from Employee protection laws)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

employment

the use of LABOUR and CAPITAL to produce goods and services. See LABOUR FORCE, CAPITAL STOCK.

employment

  1. 1micro-context - the use of LABOUR as a FACTOR OF PRODUCTION;
  2. macro-context - the aggregate number of persons in work in the economy as a constituent of the LABOUR FORCE. The size and quality of the labour force is a crucial determinant of the economy's capacity to provide output (see AGGREGATE SUPPLY) and achieve ECONOMIC GROWTH over time.
References in periodicals archive ?
They treat other employee protection laws only briefly, because those areas are too large to detail in the Nutshell format.
This study shows California's nationwide leadership in employee protection laws is backed by owners and workers alike," Gov.

Full browser ?