labor market

noun

: the number of workers who are available to be hired

Examples of labor market in a Sentence

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Employers added 228,000 jobs in March, and the unemployment rate ticked up to 4.2 percent as participation in the labor market rose. Colby Smith, New York Times, 7 Apr. 2025 Economist Jonathan Pingle at UBS said the downbeat forecast isn’t merely a function of tariffs but rather a broader view of weakness in the labor market and consumer spending and tighter expectations for fiscal spending. Jeff Cox, CNBC, 7 Apr. 2025 The incoming data show solid growth, a labor market in balance, and inflation running much closer to, but still above, our 2% objective. CBS News, 4 Apr. 2025 The unemployment rate in March ticked higher to 4.2% from 4.1%, driven higher in part by new entrants to the labor market. Alicia Wallace, CNN Money, 4 Apr. 2025 See All Example Sentences for labor market

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“Labor market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/labor%20market. Accessed 15 Apr. 2025.

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