employmentand
Employment refers to the state of having paid work. In economics and public policy, it is a central variable in discussions of the labor market, together with unemployment and labor force participation. The term "employment and" appears in many contexts as part of phrases such as employment and growth, employment and productivity, or employment and social protection. The study of employment covers how jobs are created, sustained, and distributed across the population, as well as considerations of job quality and security.
Key indicators include the employment-to-population ratio, the unemployment rate, and the labor force participation rate. Hours
Employment levels fluctuate with economic activity, technology, education, and demographics. Automation and globalization can change the
Cross-country comparisons require careful attention to measurement differences. Official statistics may count only paid work, exclude