Employability

The ever increasing productivity from more advanced science and technology has lead to a situation where employment in industry is on a decline and people are losing their jobs due to increse in automation and to productive factories are relocated to countries where workforce is cheaper and perhaps taxes are lower. This is a big concern in Finland and likewise in many industrialised countries

The Concept of Employability

Employability is the ratio in which employment provided by some company in some country is compared to it's cashflow or assets. Which is more useful as an instrument to measure how much employment a purchase causes should be discussed.

Some consumers might be ready to pay a price premium to companies that provide more employment then the competing product