The employment status of civilian, noninstitutionalized individuals in the population is indicated by whether they are in the labor force or not. If they are employed either full time or part time or unemployed but looking for work they are in the labor force; otherwise, they are not.
The individual's employment position. That can be either employed, self-employed or unemployed; full time or part time.
The basis of an individual's employment: e.g. self-employed, employed or not in employment.
The basis of an individual's employment, i.e. employed, self-employed, controlling director or not in employment.
The labor force status of all persons 16 years of age and older during the week prior to the completion of their census form.
A term used by lenders to define potential borrowers' employment arrangements. Self-employed applicants are normally considered as a greater risk than employees of companies. Several specialist lenders and mortgages have emerged in recent years designed specifically for different types of employment status. Equity The proportion of the value of the property that is free from debt and effectively owned by the owner.
The basis of an individualâ€(tm)s employment – i.e. employed, self-employed, unemployed etc.
A term used by lenders to describe potential borrowers' working arrangements. Self-employed applicants are sometimes seen as a greater risk than employees are. But many specialist lenders and mortgages have emerged in recent years designed specially for different types of employment status, and the Homebankâ„¢ online website has a wide variety of these in its database.