labor market

noun

: the number of workers who are available to be hired

Examples of labor market in a Sentence

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Wages for workers at quick-service establishments that use the platform have risen about 60% since 2017, less than the roughly 74% at their full-service counterparts, as minimum wage laws expanded and many employers hiked pay in a hot labor market. —

J.j. McCorvey, NBC News, 13 Nov. 2024 Trends that emerged in the post-Covid labor market, from quiet quitting to heated disputes over return-to-work policies, laid bare a stark reality: Many employees are dissatisfied with the experience their jobs offer. —

Eric Anicich, Harvard Business Review, 4 Nov. 2024 By processing vast amounts of data on industry trends, emerging technologies and labor market forecasts, AI will identify promising career paths that align with an individual's profile and future market demands. —

Cheryl Robinson, Forbes, 2 Nov. 2024 The labor market report has strengthened expectations for Federal Reserve rate cuts. —

Benzinga, Detroit Free Press, 2 Nov. 2024 See all Example Sentences for labor market