Employment
The concept of employment encompasses a variety of productive activities but has narrower connotations in the fields of law, statistics and economics.
Definitions
The term employment is used colloquially to refer to any human activity devoted to the production of goods and services. In legal terms it has the narrower meaning of a contractual arrangement that gives an employer some measure of control over the activities of an employee, and in national statistics it includes self-employment but excludes unpaid activities and activities in the “shadow economy” that are concealed from the authorities[1].
Employment legislation
Employment legislation imposes statutory requirements upon the relations between employers and employees concerning matters including working hours, health and safety at work, minimum wage rates, dismissal restrictions and redundancy payments.
Employment statistics
Employment economics
- ↑ For estimates of the magnitude of the shadow economy, see that paragraph in the article on gross domestic product