Employment Dynamics

Employment dynamics refers to the patterns and changes in job opportunities, hiring, and unemployment within an economy over time. It includes factors like how many jobs are created or lost, shifts in the types of available work, and movements of workers between jobs. Understanding employment dynamics helps analyze economic health, as it reflects how businesses adapt to market conditions, technological advancements, and consumer demands. It can also reveal trends such as the rise of gig work or the impact of economic policies on the job market.