labor market

US /ˈleɪ.bər ˌmɑːr.kɪt/
UK /ˈleɪ.bər ˌmɑːr.kɪt/
"labor market" picture
1.

the supply of and demand for labor in an economy

:
The government is implementing policies to improve the labor market.
A strong economy usually leads to a tight labor market.