Key Terms 

Explanation

Curriculum Vitae (CV)

A document used to communicate your skills, qualifications and experience to potential employers. 

Employment 

A relationship between two parties (an employer and an employee) An employee gives up their time to do a job in exchange for money. You can also be self employed this is when you earn money without an employer. 

Labour Market

The world of work is like a marketplace. Employers are buying employees and employees and selling their time and labour. 

Occupation

This describes a type of job or series of closely related jobs. 

Recruitment

The process of finding employees to fill vacancies 

Salary

A regular payment made to someone for the work that they do. 

Sector

The type of organisation you work for . 

Trends

Economists look at what happens in the past to make a guess about what might happen in the future. 

Work

This term describes anything that an individual does which takes their time and energy. This is different from employment as we are not always paid for work.