labor market
- noun
- /ˈleɪbər ˈmɑrkɪt/
- Specialized
- In Great Britain, by contrast, women have entered the labor market more slowly.
- labor market outcomes
- labor market returns
- a tight labor market
So we can act firmly to make sure the labor market stays strong.
- So we can act firmly to make sure the labor market stays strong.
- So he feels that policy makers need the domestic labor market to remain tight.
- They are forced to accept lower wages because the labor market is so weak.
- Telling people that the economy is healthier than it's ever been, telling people that the labour market is fine.
- Millions of them are being withdrawn from the labor market, so the supply of workers is being cut.
- There are some real world tests on the effects of mass deportations on labor market outcomes for US born workers.
- And what the researchers found was that they were rampant labor violations in this labor market.
- And those things are all legitimate factors that might determine how much they end up making in the labor market.
- I think that person probably might deserve more protection than someone, for example, who's been unemployed for a long time, has been out of the labour market.
- You have to look at those institutions as well as the labor market.
- The QCW only revised the labor market through March.
- And the fact that we can't means that firms on the labor market side will have market power.
- So we can think about income or wealth or labor market participation, levels of education.
- The basic structural problem is the the changed nature of Labor markets.
Examples
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They are forced to accept lower wages because the labor market is so weak.
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The focus is not on student satisfaction but on student readiness for the labor market.
Academic text (2013) -
We still have tight labor markets and we still have growth.
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Instead, strong growth in the tight labor market would solve these problems for us.
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So he feels that policy makers need the domestic labor market to remain tight.
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Millions of them are being withdrawn from the labor market, so the supply of workers is being cut.
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Enhance the flexibility of the labor market.
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The study finds that the completion of an academic major influences labor market outcomes.
Academic text (2017) -
Given the current labor market, it isn't surprising that recruitment has become HR's No. 1 challenge.
Fiction book (1999) -
The latest government jobs report shows that the labor market is recovering as more companies are hiring workers.
Synonyms
A group of workers available for companies to hire
Workers who are available to do jobs in a country or company
How Tight
- Specialized
Surface Forms
Morphology
The meaning 'the system in which employers find employees and workers look for jobs' is directly derivable from combining 'labor' (workers) with 'market' (system of commerce); it denotes the market for labor in a literal, compositional way. This noun+noun compound is cross-linguistically common (e.g. Spanish 'mercado laboral') and follows standard English compounding patterns, so a B1 learner who knows both constituents will readily understand it.
Etymology
Labor market joins labor, the work people do, and market, a place to buy and sell. Imagine a market where, instead of goods, people offer their skills and employers come to find workers. That's why labor market means the system where workers and employers meet to agree on 'jobs' and 'pay'.