Share This Article:

Economic Definition of job security. Defined.

Offline Version: PDF

Term job security Definition: The prospects of continued employment with little or no fear of being forced to leave. Job security is often part of the terms of employment and is designed to reduce uncertainty for both employees and employers. However, it can also reduce worker productivity and restrict the efficient movement of resources between jobs.

 

« job satisfaction | job vacancy rate »

Permalink: http://glossary.econguru.com/economic-term/job+security

Alphabetical Reference to Over 2,000 Economic Terms