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. Federal Reserve Chair Janet Yellen:

   Prospects are favorable for further improvement in the U.S. labor market and the economy more broadly, low oil prices and ongoing employment gains should continue to bolster consumer spending, financial conditions generally remain supportive of growth and the highly accommodative monetary policies abroad should work to strengthen global growth.

2. David Wessel:

   We have a very strong labor market, strong consumer demand and high inflation, the Fed has to raise interest rates. And the fact is that it doesn't appear to have raised them sufficiently to slow the economy yet.

3. Federal Reserve Chair Janet Yellen:

   If incoming data are consistent with labor market conditions strengthening and inflation making progress toward our 2-percent objective, as I expect, further gradual increases in the federal funds rate are likely to be appropriate.

4. Lionel Zinsou:

   Education is a pillar of development that must be addressed with great interest, with the goal of responding to the standards of the labor market.

5. The Fed:

   Economic activity has been expanding moderately, the pace of job gains picked up while the unemployment rate remained steady. On balance, a range of labor market indicators suggests that underutilization of labor resources diminished somewhat.

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