What Job Market Is
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 Enterprise KSAs.
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.
- Human capital. The combination of attitudes, social features, and personality attributes, including creativity, that is integrated into the KSAs needed in order to produce economic value through labor.
- Job-market trend. The general direction of changes or developments on the job market.
- Unemployment. A situation in which a work seller, who is legally allowed working, cannot find suitable employment and/or doesn't have a job that provides money.
- Unemployment rate. The share of the work sellers who are unemployed in their total number, which is usually expressed as a percentage.
Script
- 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.
- Human capital. The combination of attitudes, social features, and personality attributes, including creativity, that is integrated into the KSAs needed in order to produce economic value through labor.
- Job-market trend. The general direction of changes or developments on the job market.
- Unemployment. A situation in which a work seller, who is legally allowed working, cannot find suitable employment and/or doesn't have a job that provides money.
- Unemployment rate. The share of the work sellers who are unemployed in their total number, which is usually expressed as a percentage.
What Employer Is is the successor lectio.
