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:

   The Fed is still far away from the amount of slack they need in the labor market and from the 2 % inflation target.

2. Michael Feroli:

   In practice, the Fed cares a lot about GDP growth. GDP has disappointed while the labor market hasn't, all else equal, the continued unexciting pace of GDP growth does present a modest challenge to our June Fed call.

3. Millan Mulraine:

   With gasoline prices remaining low (providing a huge windfall to U.S. consumers), confidence sky-high and the buoyancy in labor market activity likely to bolster household income, we expect consumer spending activity to rebound strongly in the coming months.

4. Daniel Silver:

   It is unclear at this point whether or not this move up in the trend reflects issues seasonally adjusting the data around the holidays or if it represents a more meaningful deterioration in the labor market.

5. Eric Schmitt:

   We’re leading the nation in fighting back against this absurd federal overreach, according to the U.S. Department of Labor, workers who are employed by a federal contractor make up one-fifth of the entire labor market. If the federal government attempts to unconstitutionally exert its will and force federal contractors to mandate vaccinations, the workforce and businesses could be decimated, further exacerbating the supply chain and workforce crises.

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