yvlog

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labor market

noun

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


labor market

  1. 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.
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yvlog History and Origins

Origin of labor market1

First recorded in 1825–35
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Example Sentences

“We have clear evidence that mass deportations will be generally disruptive to the economy and to the U.S. labor market — and specifically hospitality will be hard hit,” Clemens said.

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Further, if Trump is even partially successful in his attempt to rid the country of immigrants, a result will be a shortage of workers, which will slant the labor market toward the sellers.

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Some argued that slavery was actually better than the free labor market because it provided “stability.”

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And it's certainly not a worldview that has space for retirees, people who, by definition, are out of the paid labor market.

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Between an escalating trade war, a slowed labor market and President Trump’s declining to rule out an imminent recession, the stock market has seen better days.

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