Employment theory

Employment theory explores how and why people find work, and how employment impacts both individuals and the economy. It examines factors like skills, education, and market demand that influence employment opportunities. The theory also considers how employers decide whom to hire, and the role of wages and working conditions. Overall, employment theory helps explain patterns in the job market, including unemployment, job creation, and economic growth, providing insights for policymakers and businesses aiming to improve employment levels and workforce efficiency.