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labor market

noun
1.
the available supply of labor considered with reference to the demand for it.
Origin
1825-1835
1825-35
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for labor market
  • With the labor market turning a cold shoulder to new graduates, simply staying at home seems the only option.
  • What is important to the future is what job prospects will be for the increased number of graduates coming into the labor market.
  • With low-level skills, they have had an awful time in the labor market.
  • Poorly paid and abused adjunct faculty should quit their jobs and reenter the labor market.
  • But policymakers and pundits should have anticipated that the labor market would not recover quickly after the end of a recession.
  • But the decline in their fortunes points to a signature outcome of the long downturn in the labor market.
  • The current labor market is driven by employers seeking to reduce operational costs by laying off workers.
  • Now that this activity has stopped, the labor market is redeploying into productive use.
  • We all know the modern labor market means less stability and more flexibility, for better or for worse.
  • The more efficient the labor market, the lower the natural rate of unemployment.
labor market in Culture

labor market definition


An area of economic exchange in which workers seek jobs and employers seek workers. A “tight” labor market has more jobs than workers. In a “slack” labor market, the reverse is true.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Value for labor

7
9
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Quotes with labor market