Having observed that both the real wage and the quantity of employment are increasing, we may conclude that demand is not decreasing.
Employment is a contract that specifies the services that an employee will perform on behalf of their employer. In exchange, the worker receives a salary or hourly wage. Although some provisions of an employment contract may be up to negotiation by the parties, the employer ultimately decides on the terms and conditions. The agreement can be canceled by either party.
The employment usually continues as long as the employer honors their promise to pay the employee—and pays the employee on time—and the employee wants to keep working for the employer.
The needs, profitability, and management philosophy of the employer heavily influence the work relationship between the two parties. The availability of employees and their expectations are other factors that influence the job relationship.
Learn more about employment here
https://brainly.com/question/14610906
#SPJ4
