ABSTRACT

A key economic indicator in any country is that of employment. Employment provides a labor force to do the work of companies, and the wages earned provide for an individual’s standard of living and generate consumption (spending) and savings. Governments levy taxes on employers and employees through various types of labor taxes; these tax revenues pay for all types of government spending. Job creation and growth are critical in every economy, and are a common goal shared by both government and the private sector. Employment is not something to be taken for granted, as any country that experiences high levels of unemployment will attest.