Meaning of the word "labor market" in English
What does "labor market" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
labor market
US /ˈleɪ.bər ˌmɑːr.kɪt/
UK /ˈleɪ.bər ˌmɑːr.kɪt/
Noun
1.
the supply of and demand for labor in an economy
Example:
•
The government is implementing policies to improve the labor market.
•
A strong economy usually leads to a tight labor market.
Synonym:
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