employment

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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 classic literature ?
He assured me "that this invention had employed all his thoughts from his youth; that he had emptied the whole vocabulary into his frame, and made the strictest computation of the general proportion there is in books between the numbers of particles, nouns, and verbs, and other parts of speech."
Nothing was wanting to enable him to enter upon the immediate execution of this plan, but the death of Mr Allworthy; in calculating which he had employed much of his own algebra, besides purchasing every book extant that treats of the value of lives, reversions, &c.
It has rarely been attempted to be employed, but against the weaker members; and in most instances attempts to coerce the refractory and disobedient have been the signals of bloody wars, in which one half of the confederacy has displayed its banners against the other half.
If opposition to the national government should arise from the disorderly conduct of refractory or seditious individuals, it could be overcome by the same means which are daily employed against the same evil under the State governments.
He had just decided to delay his visit to South Morden no longer, when the errand-boy employed by Sharon brought him this message: "The old 'un's at home, and waitin' to see yer."
For instance, during the siege of Constantinople by Mahomet II., in 1453, stone shot of 1,900 pounds weight were employed. At Malta, in the time of the knights, there was a gun of the fortress of St.
She afterwards continued her work, whilst the young man went into the garden and appeared busily employed in digging and pulling up roots.
In the evening the young girl and her companion were employed in various occupations which I did not understand; and the old man again took up the instrument which produced the divine sounds that had enchanted me in the morning.
The benefit is designed to help mothers who either work for themselves or who are employed by a company but do not qualify for Statutory Maternity Pay (SMP).
In the past decade, the number of family members employed by AMs with public funds has risen 400%.
Now in his third political party, Mr Reckless has employed his wife Catorina Reckless as a senior advisor for 37 hours (previously 29.6) a week, earning up to PS40,972 since December 2016.
The Ministry of Environment, Natural Resources Conservation and Tourism has employed one person living with albinism and 18 other people living with other disabilities.