labor market

noun

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

labor market

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.

Word History and Origins

Origin of labor market¹

First recorded in 1825–35

Example Sentences

Much remains to be seen in terms of what tariffs will be implemented and how these will affect inflation, corporate profits, the labor market and other factors.

From Salon

“The rhetoric and campaigning is important because it signals the policies to come,” said Gaurav Khanna, an economist at UC San Diego who researches foreign students and workers in the labor market.

From Los Angeles Times

He has pledged to deport millions of undocumented immigrants — the backbone of the U.S. labor market.

From Salon

Of more immediate concern, there is a lot of uncertainty over the election outcome, especially because of Trump’s threats to ramp up tariffs and deport millions of undocumented immigrants, which would affect the labor market.

From Los Angeles Times

In the current moment, long-term shifts in the global economy and labor markets, automation and new technologies like AI and the ongoing societal transformations catalyzed by feminism have challenged those pillars of masculine identity.

From Salon