LABOR MARKET
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Definitions
There is 1 meaning of the phrase
Labor Market.
Labor Market - as a noun
The market in which workers compete for jobs and employers compete for workers
Example Sentences
"The labor market is experiencing a shortage of skilled workers."
"John has been applying to multiple jobs, but he's finding it difficult to navigate the competitive labor market."
"Technological advancements have greatly impacted the labor market, requiring workers to adapt to new skills."
"The labor market is influenced by various factors such as economic conditions and government policies."
"During a recession, the labor market tends to shrink as companies reduce their workforce."