Question

what do you mean by employment and unemployment​

Answer 1

Answer:

Unemployment is a term referring to individuals who are employable and seeking a job but are unable to find a job. Furthermore, it is those people in the workforce or pool of people who are available for work that does not have an appropriate job.

Answer 2

Employment

• Employment is an agreement between an employer and an employee that the employee will provide certain services. In return, the employee is paid a salary or hourly wage.
• The offer of employment can be implied in an interview or written in a formal, official employment contract.

Unemployment

• Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy