Medical economics

Health insurance costs surpass $20,000 per year, hitting a record

The cost of family health coverage in the U.S. now tops $20,000, an annual survey of employers found, a record high that has pushed an increasing number of American workers into plans that cover less or cost more, or force ...

Diseases, Conditions, Syndromes

More jobs might mean more flu

Businesses should take precautions in advance of the annual flu season to keep sick workers home and reduce infection rates that send people to physicians in droves, says new research from Ball State University.

Psychology & Psychiatry

Men suffer from long-lasting atypical employment

Men who experience more spells of atypical employment during their first six years of labor market participation report worse self-rated health, new research has shown.

Obstetrics & gynaecology

Do local employment conditions affect women's pregnancy intentions?

Economic conditions can shape the decisions that adults make about their families, such as whether and when to have children. A recent Journal of Marriage & Family analysis of US women aged 20 to 44 years found that higher ...

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Employment

Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as: "A person in the service of another under any contract of hire, express or implied, oral or written, where the employer has the power or right to control and direct the employee in the material details of how the work is to be performed." Black's Law Dictionary page 471 (5th ed. 1979).

In a commercial setting, the employer conceives of a productive activity, generally with the intention of generating a profit, and the employee contributes labour to the enterprise, usually in return for payment of wages. Employment also exists in the public, non-profit and household sectors. To the extent that employment or the economic equivalent is not universal, unemployment exists.

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