Difference between revisions of "What Job Market Is"
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:On this ''market'', [[employer]]s would like to exchange their [[employee compensation]]s to one's willingness to perform employer's jobs, on the one hand, and, on the other hand, [[employment candidate]]s would like to exchange their willingness to perform employer's jobs to [[employee compensation]]. | :On this ''market'', [[employer]]s would like to exchange their [[employee compensation]]s to one's willingness to perform employer's jobs, on the one hand, and, on the other hand, [[employment candidate]]s would like to exchange their willingness to perform employer's jobs to [[employee compensation]]. | ||
| − | : | + | :Any actor on the [[job market]] is a [[job-market actor]]. Besides [[employer]]s and [[worker]]s, these actors include [[job-market intermediary|job-market intermediari]]es, particularly, government agencies that support ''employers'', ''workers'', or both. |
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| + | :In the [[United States]], the [[United States Department of Labor|Department of Labor]] is the cabinet-level department of the [[United States Federal Government]] is responsible for the execution of federal [[labor law]]s to guarantee workers' rights to fair, safe, and healthy working conditions, including minimum hourly wage and overtime pay, protection against employment discrimination, and [[unemployment benefits]]. | ||
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| + | :Because both ''employers'' and ''workers'' are on the [[job market]], they both are engaged in [[marketing]]. | ||
:Marketing endeavors of [[worker]]s are called [[job marketing]]. ''Workers'' should market themselves to land a job. | :Marketing endeavors of [[worker]]s are called [[job marketing]]. ''Workers'' should market themselves to land a job. | ||
:Marketing endeavors of [[recruiter]]s are called [[vacancy marketing]]. ''Recruiters'' should market their [[employment vacancy|employment vacanci]]es to find qualified, able, and available [[employment candidate]]s. | :Marketing endeavors of [[recruiter]]s are called [[vacancy marketing]]. ''Recruiters'' should market their [[employment vacancy|employment vacanci]]es to find qualified, able, and available [[employment candidate]]s. | ||
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'''[[Job Market Trends]]''' is the successor [[lectio]]. | '''[[Job Market Trends]]''' is the successor [[lectio]]. | ||
==Quiz== | ==Quiz== | ||
Revision as of 19:16, 13 May 2020
What Job Market Is (hereinafter, the Lectio) is the second lesson part of the Job Market Essentials lesson that introduces its participants to job market and related topics.
This lesson belongs to the Introduction to Recruitment session of the CNM Cyber Orientation. The Orientation is the second stage of the WorldOpp Pipeline.
Contents
Content
The predecessor lectio is Professional Credentials.
Key terms
- Job market. The number of jobs that are available in a particular place or for a particular type of work. On this market, employers would like to exchange their employee compensations to one's willingness to perform employer's jobs, on the one hand, and, on the other hand, employment candidates would like to exchange their willingness to perform employer's jobs to employer's compensation.
- Job-market actor. Any actor on the job market.
Script
- The job market is the number of employment vacancies that are available in a particular place or for a particular type of work and the number of employment candidates who are able to fill these vacancies in.
- On this market, employers would like to exchange their employee compensations to one's willingness to perform employer's jobs, on the one hand, and, on the other hand, employment candidates would like to exchange their willingness to perform employer's jobs to employee compensation.
- Any actor on the job market is a job-market actor. Besides employers and workers, these actors include job-market intermediaries, particularly, government agencies that support employers, workers, or both.
- In the United States, the Department of Labor is the cabinet-level department of the United States Federal Government is responsible for the execution of federal labor laws to guarantee workers' rights to fair, safe, and healthy working conditions, including minimum hourly wage and overtime pay, protection against employment discrimination, and unemployment benefits.
- Because both employers and workers are on the job market, they both are engaged in marketing.
- Marketing endeavors of workers are called job marketing. Workers should market themselves to land a job.
- Marketing endeavors of recruiters are called vacancy marketing. Recruiters should market their employment vacancies to find qualified, able, and available employment candidates.
Job Market Trends is the successor lectio.
