Definition of Labour Market in Business
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This shows grade level based on the word's complexity.
noun
the available supply of labor considered with reference to the demand for it.
QUIZ
ARE YOU A TRUE BLUE CHAMPION OF THESE "BLUE" SYNONYMS?
We could talk until we're blue in the face about this quiz on words for the color "blue," but we think you should take the quiz and find out if you're a whiz at these colorful terms.
Which of the following words describes "sky blue"?
Origin of labor market
First recorded in 1825–35
Words nearby labor market
labor-intensive, laborious, Laborism, Laborite, Labor-Management Relations Act, labor market, labor movement, labor of love, labor omnia vincit, labor pains, Labor Party
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
How to use labor market in a sentence
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The economy gained just 49,000 jobs in January as recovery sputters amid pressure from virusThe higher figure is another reflection of how the pandemic continues to constrain the labor market.
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The January data, released by the Bureau of Labor Statistics, is yet another reminder of how much ground the labor market still needs to regain to return to pre-pandemic levels.
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The data released Wednesday by ADP Research Institute suggests that the labor market may be starting to pick up again after employment fell in December.
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The problem is that the labor market is broadly weaker, with declines in 36 states, showing that a larger economic decline is under way.
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Chris Rupkey, chief financial economist at MUFG, warned in a note to investors that the "dark days of the labor market" from the spring have returned.
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It may be fun and it may get them paid, until oversaturation ruins our sense for irony and destroys the market for it.
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Paperback publishers distributed their titles in African-American neighborhoods because it expanded their market base.
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Indeed, Lion Air, with 45 percent of the domestic Indonesian airline market, has swallowed the Fernandes formula whole.
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Expensive day care pushes women out of the labor market while men continue to work outside the home.
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Mr. Bachner found it by wandering through the market and identified a craftsmen here who works in a tiny booth.
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All over the world the just claims of organized labor are intermingled with the underground conspiracy of social revolution.
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The blind Samson of labor will seize upon the pillars of society and bring them down in a common destruction.
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When the days were fine, Jean in his basket assisted at the dramatic performance in the market-place.
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The poverty of earlier days was the outcome of the insufficiency of human labor to meet the primal needs of human kind.
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Beggars are not abundant; but women are required to labor quite extensively in the fields.
Cultural definitions for 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.
Definition of Labour Market in Business
Source: https://www.dictionary.com/browse/labor-market
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