labor market

American

noun

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

labor market Cultural

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.

Etymology

Origin of labor market

First recorded in 1825–35

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

January’s jobs growth was the largest since that of December 2024, allaying fears of a weakening labor market.

From Barron's

If cracks in the labor market widen, it could lead to a slowdown in consumer spending and prompt investors to reconsider whether high valuations in the stock market are justified.

From MarketWatch

Economists point out that no new technology has ever radically reshaped the U.S. labor market in the short run and led to a big loss in net employment.

From MarketWatch

January’s jobs growth was the largest since December of 2024, allaying fears about a weakening labor market.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023