Difference between revisions of "What Job Market Is"

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: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.
 
:[[Economist]]s define [[human capital]] is the combination of [[attitude]]s, social features, and personality attributes, including [[creativity]], of the [[workforce]]. This ''capital'' is integrated into the [[KSA]]s needed to produce economic value through labor. Some ''employers'' would struggle to hire ''employees'' if this capital is poor.
 
  
 
:Any actor on the [[job market]] is a [[job-market actor]]. Besides ''employers'' and ''employees'', these actors include [[job-market intermediary|job-market intermediari]]es.
 
:Any actor on the [[job market]] is a [[job-market actor]]. Besides ''employers'' and ''employees'', these actors include [[job-market intermediary|job-market intermediari]]es.
 
:[[Job-market trend]]s are general directions of changes or developments on the ''market''. One of the key numbers is the [[unemployment rate]]. This ''rate'' reflects the share of the [[worker]]s who are [[unemployment|unemployed]] in their total number, which is usually expressed as a percentage.
 
 
:[[Unemployment]] is a situation in which a [[worker]], who is legally allowed working, cannot find suitable [[employment]] and/or doesn't have a job that provides money.
 
 
:When ''unemployment'' is high, the ''market'' is known as [[employer market]]. That may mean that ''employer'' has a higher power over ''employment candidates''. When ''unemployment'' is low, the ''market'' is known as [[employee market]]. That may mean that ''employee'' has a higher power over ''employer''.
 
  
 
'''[[Job Market Trends]]''' is the successor [[lectio]].
 
'''[[Job Market Trends]]''' is the successor [[lectio]].
  
 
==Quiz==
 
==Quiz==

Revision as of 16:51, 8 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.


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.

Script

The job market is the number of employment vacancies 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 employee compensation.
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.
Any actor on the job market is a job-market actor. Besides employers and employees, these actors include job-market intermediaries.

Job Market Trends is the successor lectio.

Quiz