labor market

American  

noun

1. the available supply of labor considered with reference to the demand for it.

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labor market Cultural  

1. 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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Etymology

Origin of labor market

First recorded in 1825–35

Example Sentences

See Examples For:

labor market

While AI can “be great for economic growth,” Amodei said, it is “not so great for the labor market or those who are left behind.”

From MarketWatch ● Aug. 19, 2026

To address the issue, the government plans to add technical education tailored to local labor market needs to the curriculum for children from age 14.

From The Wall Street Journal ● Aug. 19, 2026

The report also highlighted anemic wage growth, which he said goes against the notion that the labor market is tightening.

From MarketWatch ● Aug. 17, 2026

Last week’s weak labor market data combined with this week’s subdued consumer and wholesale inflation data have prompted markets to trim U.S. rate-hike bets.

From The Wall Street Journal ● Aug. 14, 2026

A half an hour or so of Web research revealed an agreeably tight labor market, with entry-level jobs advertised at $8 an hour or more and studio apartments for $400 or less.

From "Nickel and Dimed: On (Not) Getting By in America" by Barbara Ehrenreich