(Minneapolis) A new book by a local businessman can help them choose a professional you`ll love and win the job you want, John Reger reports (3:25).
Wall Street responded negatively. Stocks, bond yields, and the dollar fell sharply, but gold prices surged.Conway G. Gittens reports from New York.
John Lonsky, chief economist with Moody`s, discusses dismal jobs data, saying the situation will only worsen unless the Federal Reserve cuts rates. Kelsey Hubbard has the interview. (Sept. 7).
Employment
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This article is about work. For the Kaiser Chiefs album, see Employment (album).
Look up employment in Wiktionary, the free dictionary.
Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as: "A person in the service of another under any contract of hire, express or implied, oral or written, where the employer has the power or right to control and direct the employee in the material details of how the work is to be performed." Black's Law Dictionary page 471 (5th ed. 1979).
In a commercial setting, the employer conceives of a productive activity, generally with the intention of generating a profit, and the employee contributes labour to the enterprise, usually in return for payment of wages. Employment also exists in the public, non-profit and household sectors. To the extent that employment or the economic equivalent is not universal, unemployment exists.