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Employment - Review of L1 - 2025

AB
employmentterm to describe how we get paid for the skill we provide
growthEmployment drives economic
financial rewardhouseholds need employment for
taxation purposesgovernment need individuals to be employed for
policieslevels of employment helps shape government ?
reasons why we workfinancial reward, savings and investment, sense of belonging
organisationswho demands labour
individualswho supplies labour
wages or salaryreward individuals receive for supplying their skill
shortage of specialised skillsreasons why people get paid more
supply for labourthis curve is upward sloping
demand for labourthis curve is downward sloping



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