Editing Employability
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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 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== | ==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. | 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]] | |||
Some consumers might be ready to pay a [[price premium]] to [[companies]] that provide more employment then the competing [[product]] | |||