labor market

noun

the available supply of labor considered with reference to the demand for it.

labor market

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.

Discover More

Word History and Origins

Origin of labor market¹

First recorded in 1825–35

Discover More

Example Sentences

Examples have not been reviewed.

From the research, we know that lower levels of life satisfaction and feelings of well-being in youth lead to worse labor market outcomes, i.e. making less money later in life.

From

Given the current economic climate and cooling labor market, these concerns aren’t surprising.

From

“We have clear evidence that mass deportations will be generally disruptive to the economy and to the U.S. labor market — and specifically hospitality will be hard hit,” Clemens said.

From

Further, if Trump is even partially successful in his attempt to rid the country of immigrants, a result will be a shortage of workers, which will slant the labor market toward the sellers.

From

Some argued that slavery was actually better than the free labor market because it provided “stability.”

From

Labor-Management Relations Act labor movement

Browse