World lost equivalent of 255 mn jobs in 2020: UN

The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.

Being good at your job won't stop age discrimination

How old you are could be more important to some employers than your experience, or your capacity to do the job—particularly for older candidates. That was the conclusion of research my colleagues and I recently published ...

Study provides insights on bouncing back from job loss

Stress associated with job loss can have a host of negative effects on individuals that may hinder their ability to become re-employed. A new study published in the Journal of Employment Counseling examines the importance ...

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Employment

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.

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