employment

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employment

the use of LABOUR and CAPITAL to produce goods and services. See LABOUR FORCE, CAPITAL STOCK.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in classic literature ?
To keep senators in the interest of the crown, it was proposed that the members should raffle for employment; every man first taking an oath, and giving security, that he would vote for the court, whether he won or not; after which, the losers had, in their turn, the liberty of raffling upon the next vacancy.
These papers are delivered to a set of artists, very dexterous in finding out the mysterious meanings of words, syllables, and letters: for instance, they can discover a close stool, to signify a privy council; a flock of geese, a senate; a lame dog, an invader; the plague, a standing army; a buzzard, a prime minister; the gout, a high priest; a gibbet, a secretary of state; a chamber pot, a committee of grandees; a sieve, a court lady; a broom, a revolution; a mouse-trap, an employment; a bottomless pit, a treasury; a sink, a court; a cap and bells, a favourite; a broken reed, a court of justice; an empty tun, a general; a running sore, the administration.
When they came to an end, I tried to get employment again, and I failed.
I found employment, the third day after my ar- rival, in stowing a sloop with a load of oil.
Harris a week or two after George had been taken away, when, as he hoped, the heat of the occasion had passed away, and tried every possible inducement to lead him to restore him to his former employment.
He had not then talked to me of employment, of ships, of being ready to take another command; but he had discoursed of his early days, in the abundant but thin flow of a wilful invalid's talk.
I told him that I wanted to begin right at the bottom and work up, that I wanted to devote my life to this one occupation and this one employment.
The employment was likely to be both easy and agreeable; it was proposed to me at the autumn time of the year when I was least occupied; and the terms, judging by my personal experience in my profession, were surprisingly liberal.
Not a single female took part in this employment: and if the degree of consideration in which the ever-adorable sex is held by the men be--as the philosophers affirm--a just criterion of the degree of refinement among a people, then I may truly pronounce the Typees to be as polished a community as ever the sun shone upon.
And when one of the company told him, he had disparaged himself by so dirty an employment, his answer was: that the thought of what he had done would prove music to him at midnight, and the omission of it would have upbraided and made discord in his conscience whensoever he should pass by that place.