labor market
noun
the available supply of labor considered with reference to the demand for it.
QUIZZES
BECOME A PRO CHEF WITH THIS EXQUISITE CUISINE QUIZ!
Even if you can't be a professional chef, you can at least talk like one with this vocabulary quiz.
Question 1 of 9
You may have read the word "simmer" in a recipe or two, but what does it really mean?
Origin of labor market
First recorded in 1825–35
Words nearby labor market
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for labor market
But broader measures of labor-market frustration remain at very high levels.
In the labor-market we stand ready to sell to the highest bidder our mere muscular strength for so many hours each day.
This is patent, else the scab would not loom so large on the labor-market horizon.
War of the Classes|Jack LondonOur best economists reprehend the policy of depleting our labor-market.
Ginx's Baby|Edward Jenkins
Cultural definitions for labor market
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.
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.