labor market

noun

: the number of workers who are available to be hired

Examples of labor market in a Sentence

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Although wages are up, this reflects problems in the labor market. Christian Edwards, CNN, 26 Jan. 2025 But in December, the Fed forecast two quarter-point rate cuts in 2025 after inflation readings were higher than expected and the labor market remained sturdy, providing less urgency for the Fed to chop rates. Paul Davidson, USA TODAY, 24 Jan. 2025 External factors such as natural disasters and severe weather have also impacted the labor market. Quartz Intelligence Newsroom, Quartz, 24 Jan. 2025 While the labor market remains tight, with unemployment at just 4.1 percent as of December, the increase in continuing claims signals a potential softening in job demand as higher interest rates begin to take effect. John Yoo and John Shu, Newsweek, 23 Jan. 2025 See all Example Sentences for labor market 

Dictionary Entries Near labor market

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“Labor market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/labor%20market. Accessed 30 Jan. 2025.

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