labor market
- the available supply of labor considered with reference to the demand for it.
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Origin of labor market
First recorded in 1825–35
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for labor market
Contemporary Examples
But broader measures of labor-market frustration remain at very high levels.
Historical Examples
This is patent, else the scab would not loom so large on the labor-market horizon.
War of the ClassesJack London
Our best economists reprehend the policy of depleting our labor-market.
Ginx's BabyEdward Jenkins
In the labor-market we stand ready to sell to the highest bidder our mere muscular strength for so many hours each day.
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.
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The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.