Definition - What does Employment mean?
Employment is the status of having a job or an occupation which contributes to a person earning an income. A person who is employed makes money by selling goods or services to another person or persons. A person who does not have a job which helps them to earn an income is said to be unemployed.
Justipedia explains Employment
Employment is critical for anyone who wants to make a living by working. One can become employed by applying for a job and being hired by an employer. One can also be "self employed" which is essentially the state of working for one's self or running one's own business. Whether or not one is employed has many consequences both legally and financially. Employment status determines whether or not a person is qualified for certain government programs. It also largely determines how much money a person can earn.