labor market


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Noun1.labor market - the market in which workers compete for jobs and employers compete for workerslabor market - the market in which workers compete for jobs and employers compete for workers
market, marketplace, market place - the world of commercial activity where goods and services are bought and sold; "without competition there would be no market"; "they were driven from the marketplace"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in classic literature ?
They've got to sell, for the Japs control the labor market and could bankrupt them at will."
FILE: Arab League Secretary-General Ahmed Aboul Gheit CAIRO, April 14 (MENA) - Arab League chief Ahmed Abul-Gheit hailed labor market regulation as a crucial element of the economic system in the Arab world countries.
Various explanations have been suggested for this pattern, including labor market restructuring that creates mismatches between workers and job openings, and firms using existing workers for longer hours rather than hiring new ones following a downturn.
More on labor market -- the current rise in the unemployment rate is a "good thing," he mentioned.
It is stated that the new world of the labor market demands the development of new models, rules and standards for assuring social security and decent work.
Entering the labor market during a recession can adversely affect a worker's future earnings and employment perspectives.
Labor market reform is one of the priorities of the FBiH Government, FBiH Prime Minister Fadil NovaliA said today in Sarajevo at the beginning of the "Contemporary Labor Market Challenges" conference organized by the FBiH Employment Service.
Further, it has been established that the current crisis harms geographic locations experiencing high levels of labor market tightness.
Department of Labor Secretary Tom Perez appointed Cynthia Forland to serve as one of four labor market information directors on its new Workforce Information and Advisory Council (WIAC).
Specialized committees of the programs conduct specialized and comprehension revisions for the educational programs, and disciplines of study in the colleges of technology in order to achieve harmonization between output and the needs of the labor market.
Presenting the results of an International Labor Organization research project, economists and other researchers find that the lack or erosion of certain institutions that govern the labor market has contributed to rising inequality in many countries around the world, jeopardizing individual as well as societal well being.