Noun
the market in which workers compete for jobs and employers compete for workers
Source: WordNet"And not only about topics that are now directly affecting young people, but also about decisions that are made in the field of pensions or the labor market, Things that seem far away to young people, but have a major impact on their future." Source: Internet
A return to lockdowns and restrictive measures will already pressure a weak labor market that will prompt governments and central banks to offer more support. Source: Internet
A strong labor market should help propel the broader economy, which was expanding at a moderate pace as 2019 came to a close. Source: Internet
But the Bank of England still sees joblessness reaching 7.5% this year, almost double the current level, and warns the labor market poses the biggest risk to any economic recovery. Source: Internet
For June 2016, the Lincoln MSA's preliminary unemployment rate was 3.1% (not seasonally adjusted). citation With such a tight labor market, Lincoln has seen rapid wage growth. Source: Internet
Asked what is driving homelessness, Pruss said, "What I've seen and particularly with people living in vehicles is that often it's labor market shifts." Source: Internet