Definitions for labor market
la·bor mar·ket

Princeton's WordNetRate this definition:0.0 / 0 votes

1. labor marketnoun

   the market in which workers compete for jobs and employers compete for workers

WiktionaryRate this definition:0.0 / 0 votes

1. labor marketnoun

   A market with labor of workers.

ChatGPTRate this definition:0.0 / 0 votes

1. 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

1. • Market

How to pronounce labor market?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say labor market in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of labor market in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of labor market in Pythagorean Numerology is: 8

Examples of labor market in a Sentence

1. Daniel Silver:

   The JOLTS report is consistent with our view that the labor market will continue to improve, but that we will see some moderation in job growth.

2. Julia Pollak:

   I think the image, for me, that most sums up where we are in the labor market is [the chart in this tweet] by Bloomberg’s chief economist [Michael McDonough], which shows that mentions of job cuts are now higher than mentions of labor shortages in earnings calls, that’s a big reversal after 2021 and 2022 were very much the years of the labor shortage and everyone was talking about how they were struggling to find workers.

3. Ryan Sweet:

   The labor market is doing well ... inflation is not going anywhere fast. There is no urgency for the Fed to start normalizing monetary policy, they will likely wait until September.

4. Andrew Feltus:

   The dry kindling for sustained inflation is probably here, banks have a lot of ammo to lend money. And wages are accelerating because the labor market is tight. This looks more than transitory.

5. Morag Henderson:

   Young adults are facing more stressful conditions than older generations, such as an increasingly competitive labor market, rising costs of housing, an increase in higher education costs, and issues of self-identity and confidence driven by more widespread use of social media.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=labor market
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Labor_Market
3. ^ ChatGPT
   https://chat.openai.com