labor market

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noun

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

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His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Origin of labor market

First recorded in 1825–35

Words nearby labor market

laborious, laboriously, Laborism, Laborite, Labor-Management Relations Act, labor market, labor movement, labor of love, labor omnia vincit, labor pains, Labor Party

How to use labor market in a sentence

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.
Fed chair: Unemployment rate was closer to 10 percent, not 6.3 percent, in January|Rachel Siegel|February 10, 2021|Washington Post
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.
The economy gained just 49,000 jobs in January, as recover sputters amid pressure from virus|Eli Rosenberg|February 5, 2021|Washington Post
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.
Minority-owned companies hampered by the coronavirus pandemic||February 3, 2021|Washington Post
The problem is that the labor market is broadly weaker, with declines in 36 states, showing that a larger economic decline is under way.
The markets may be faltering, but these surprise stocks are taking off|Bernhard Warner|January 15, 2021|Fortune

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.
$2,000 stimulus checks could become a reality with Democratic control of the Senate|Jeff Stein, Erica Werner|January 6, 2021|Washington Post
Expensive day care pushes women out of the labor market while men continue to work outside the home.
How Good Dads Can Change the World|Gary Barker, PhD, Michael Kaufman|January 6, 2015|DAILY BEAST
There is excess supply in the overall labor market for all but a few categories of employees.
Is Crowdsourced Labor the Future of Middle Class Employment?|Sarah Kunst|March 26, 2014|DAILY BEAST
A closer look, however, reveals not all young Americans are sharing equally in the labor market recovery.
How Young People are Being Left Out of the Economic Recovery|Diana G. Carew|January 27, 2014|DAILY BEAST
The labor market is improving, with the economy adding more than 200,000 jobs in October.
Black Friday Comes Early as U.S. Retailers Panic Over Holiday Sales|Daniel Gross|November 21, 2013|DAILY BEAST
It turns out that the labor market was a little stronger than previously thought going into October.
October Jobs Report Is Bad News for American Economic Declinists|Daniel Gross|November 8, 2013|DAILY BEAST
The glut on the labor market was tremendous and wages reached the vanishing point in a currency which would buy little.
Greener Than You Think|Ward Moore
The overstocking of the labor market has become a menace to many trade-unions, especially those of the lesser skilled workers.
Races and Immigrants in America|John R. Commons
This would result in a large force of idle laborers, whose competition would have its depressing effect on the labor market.
Essentials of Economic Theory|John Bates Clark
Arbitrators make their awards with an eye to conditions within the business and to the state of the labor market.
Essentials of Economic Theory|John Bates Clark
In the beginning of the capitalistic era only male workers competed with one another on the labor market.
Woman and Socialism|August Bebel

Cultural definitions for labor market

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.