Source : Webster's Revised Unabridged Dictionary (1913)

Employable \Em*ploy"a*ble\, a. [Cf. F. employable.]
   Capable of being employed; capable of being used; fit or
   proper for use. --Boyle.

Source : WordNet®

employable
     adj : physically and mentally capable of working at a regular job
           and available [ant: {unemployable}]