Employment
Employment is making use of somebody or something. In the workspace, employment refers to an agreement between two parties, one of which is called an employer and another is called an employee.
- From the employer's side, employment is the act of employing workers or exchanging money for someone's work.
- From the employee's side, employment is the state of being employed or giving one's work in exchange for money and/or other compensation.
Employment can also refer to some activity to which one devotes time. In economics, employment may refer to the ratio of the employed to all who are willing to work.
