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What is employment about?

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Anonymous

14y ago
Updated: 8/17/2019

Employment means that a person who is able and willing to work at the current wage rate is able to find productive employment.

Rate of employment = No. of Employed/ Workforce (Those willing to work)

An analysis of this definition tells us that even if a person is able enough to be employed productively, but he voluntarily chooses not to work, he cannot be included in the ranks of unemployed. He will simply not be counted as a part of a country's workforce.

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Wiki User

14y ago

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