⊿ Point. {R} Glossary. ◢ Keyword: E. ◥ University. {q} PhD. {tr} Training. ⚫ UK. ↂ EndNote. ✊ Harvey (2009) Employability. Traits enabling a person to be employed Employability refers to the attributes of a person that make that person able to gain and maintain employment. Overview[edit] Employability is related to work and the ability to be employed, such as: The ability to gain initial employment; hence the interest in ensuring that 'key competencies', careers advice and an understanding about the world of work are embedded in the education system[1]The ability to maintain employment and make 'transitions' between jobs and roles within the same organization to meet new job requirements[2]The ability to obtain new employment if required, i.e. to be independent in the labour market by being willing and able to manage their own employment transitions between and within organisations (Van der Heijde and Van der Heijden (2005) The continuously fulfilling, acquiring or creating of work through the optimal use of efforts) Research into employability is not a single cohesive body work.
Organizational issues[edit] Employment rights bill explained. YouTube - Why Charging By The Hour Doesn't Make Sense. How is Unemployment Defined? Unemployment occurs when a person who is actively searching for employment is unable to find work. The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force.
Unemployment is often used as a measure of the health of the economy. There are three types of unemployment frequently referenced in economics, 1. Structural Unemployment - Changes occur in market economies such that demand increases for some jobs skills and decreases for others. For example, the invention of the automobile increased demand for automobile mechanics and decreased demand for horse shoe makers. ·2. . ·3. The natural rate of unemployment is that amount of unemployment that occurs naturally due to imperfect information and job shopping.