labor market

noun

: the number of workers who are available to be hired

Examples of labor market in a Sentence

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Notably, initial filings for unemployment benefits hit their highest level of the year last week in another potential sign of weakness in the labor market. Mackenzie Sigalos, CNBC, 28 Feb. 2025 However, the unemployment rate ticked down to an even 4%, signaling a still very healthy labor market. CBS News, 27 Feb. 2025 Despite showing signs of softening in the past year, the labor market remains strong, with job availability remaining high and layoffs relatively low. David Faris, Newsweek, 27 Feb. 2025 The data suggests a potential softening in the labor market and sets the stage for a broader set of employment figures to be released in the latter half of next week. Vinamrata Chaturvedi, Quartz, 27 Feb. 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 13 Mar. 2025.

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