Employment

Employers’ Association
A body representing employers in some sector of the economy, often managing collective bargaining and lobbying efforts.
Labour Hoarding
Retention of excess workers by a business during a downturn in expectation of future output recovery.
Reservation Wage
The minimum wage a worker is willing to accept while engaging in job search activities.
Overfull Employment
Understanding the concept of overfull employment and its implications in economics
Employee
A person working for somebody else, for wages or salary, under a contract of employment.
Non-Pecuniary Benefits
Definition and analysis of non-pecuniary benefits within the context of economics, focusing on their meaning, importance, and implications.
Active Labour Market Policies
Government interventions aimed at assisting the unemployed to find work, including job centres, training schemes, and employment subsidies.
Contract of Employment
An examination of a contract between an employer and employee detailing job expectations and conditions.
Deindustrialization
The tendency for the industrial sector to account for a decreasing proportion of gross domestic product and employment.
Discouraged Worker
A comprehensive overview of the term 'Discouraged Worker' in economics.
Discrimination in Economics
An in-depth analysis of discrimination in employment relationships, its historical context, definitions, and economic implications.
Dismissal for Cause
Termination of employment due to unsatisfactory conduct or failure to meet employment standards.
Economic Policy Target
An aim of economic policy encompassing objectives such as high employment levels, sustainable growth, and stable inflation rates.
Employment
Service performed for pay or wages under a contract of hire
Flexitime
An employment contract that permits a worker to vary the starting and finishing time for work (within limits) provided a given total number of hours is supplied.
Fringe Benefits
Additional benefits provided to employees beyond salary, bonuses, and pensions.
Hours of Work
The number of hours per day or per week that a worker is contracted to perform
Income from Employment
Income earned working for another person, firm, or government body. Can be measured including or excluding benefits in kind or net of deductions.
Job - Definition and Meaning
An exploration of the term 'job' in the context of economics, including its implications and relevance in labor markets.
Job Acceptance Schedule
The set of characteristics of jobs that workers engaged in job search are willing to accept.
Job Quits
Examination of the concept of job quits, including its definition and broader economic implications.
Job Vacancy
A comprehensive exploration of the term 'job vacancy,' its definitions, and its significance in various economic contexts.
Labour Force
An overview of the labour force, its determining factors, and its implications.
Lock-Out
An industrial action by employers, where workers are excluded from their workplace and pay without being dismissed.
Monetary Economics
A deep-dive into the field of monetary economics, exploring its conduct, institutions, and impact on various economic variables.
Overtime
A comprehensive dictionary entry on the term 'overtime' in an economic context, including its definition, historical background, and analytical frameworks.
Overtime Ban
An overview and examination of the concept of an overtime ban in labor relations.
Part-Time Work
Working for fewer than the regular full-time hours per week, shaped by both employee and employer preferences.
Real Wages
Exploration of the term 'real wages', its definition, meanings, historical context, and relevance in various economics frameworks.
Redundancy
Termination of employment due to a decline in employer's need for labour.
Regional Policy
Policies aimed at enhancing the economic conditions and development of specific regions within a country or a group of countries.
Restraint of Trade
A term in a contract that restricts a person’s right to exercise a trade or carry on business.
Short-Time Working
Short-time working: reducing hours of work to minimize layoffs and maintain workforce attachment.
Underemployment
Employment of skilled workers in unskilled jobs or involuntary part-time employment. Includes hidden unemployment.
Unemployable - Definition and Meaning
Comprehensive analysis of the term 'unemployable' in the context of Economics. Covers its definition, historical context, analytical frameworks, case studies, and related terms.
Unskilled Work
An exploration of the concept, history, and analytical frameworks related to unskilled work in economics.
Vacancy
A comprehensive look at vacancies in the job market and their impacts on economics.
Workforce
Comprehensive exploration of the term 'Workforce,' synonymous with 'labour force'