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

  1. labor marketnoun

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

Wiktionary

  1. labor marketnoun

    A market with labor of workers.

ChatGPT

  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.

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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. Ryan Severino:

    If both the economy and the labor market stay the course, which is our general expectation, they should create an environment that pushes vacancy down toward 15.7 percent in 2016, while rent growth continues to accelerate toward 3.5 percent on an annual basis.

  2. Daniel Silver:

    Through some of the ups and downs in the weekly series, it looks like the trend in initial claims has improved over the past month, signaling that the labor market continues to improve despite weakness in several other recent economic reports.

  3. Sam Khater:

    With higher inflation, promising economic growth and a tight labor market, we expect rates will continue to rise.

  4. Janet Yellen:

    I do think there’s a path to bring down inflation while maintaining what I think all of us would regard is a strong labor market, and the evidence that I’m seeing suggests we are on that path.

  5. Samuel Rines:

    The Samuel Rines labor market continues to show signs of stabilizing, but referring to The US labor market as' healing' is a bit of a stretch, the economic consequences of this level of unemployment has not been fully felt by the economy due to the significant transfer payments from the government.


Translations for labor market

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"labor market." Definitions.net. STANDS4 LLC, 2025. Web. 6 Feb. 2025. <https://www.definitions.net/definition/labor+market>.

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