What does labor market mean?
Definitions for labor market
la·bor mar·ket
This dictionary definitions page includes all the possible meanings, example usage and translations of the word labor market.
Princeton's WordNet
labor marketnoun
the market in which workers compete for jobs and employers compete for workers
Wiktionary
labor marketnoun
A market with labor of workers.
ChatGPT
labor market
A labor market is an economic system or environment in which employers and employees interact to determine wage rates, working conditions, and job levels. It's a marketplace where workers offer their skills and time in exchange for wages, salaries, or other forms of compensation, and where employers demand for such skills. Labor markets can be local, national, or even global, and they play a critical role in an economy by influencing growth, employment rates, and income levels.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of labor market in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of labor market in Pythagorean Numerology is: 8
Examples of labor market in a Sentence
The economy continues to show strength, and interest rates are repricing to account for the stronger than expected growth, tight labor market and the threat of sticky inflation.
In the wake of the current spike in COVID hospitalizations, calling the labor market for registered nurses' cutthroat' is an understatement, even if the health care sector can somehow find more beds, it can not just go out and buy more front-line caregivers.
The general message from the labor market is that businesses are cutting back on hiring, but they are not laying off workers and that is important, consumers are what's keeping the economy moving at this point.
The labor market in March came in like a lion with a banking crisis and more layoffs, and is going out like a lamb with a solid jobs report, the labor market is still strong, but it’s gliding slowly back down to Earth.
On balance that’s led and I think it will continue to lead to growth that is somewhat above trend and on a continuing path of labor market improvement.
Translations for labor market
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"labor market." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/labor+market>.
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