labor market

IPA: ɫˈeɪbɝmˈɑrkʌt

noun

  • (economics) The market consisting of the supply of unemployed workers in relation to the demand for them.

Examples of "labor-market" in Sentences

  • This is patent, else the scab would not loom so large on the labor-market horizon.
  • Alan is an expert in labor-market problems, taxation and the economics of terrorism.
  • The latest labor-market snapshot, out Friday, gave cause for continued, if tepid, optimism.
  • World-Wide *** Spain's biggest unions called for mass protests on Feb. 19 in response to labor-market changes the government implemented in an effort to lower the unemployment rate.
  • Growth will be supported by an increase in private consumption amid "continued positive labor-market developments," as well as rising foreign demand for German machinery and equipment, he said.
  • Prime Minister Mariano Rajoy, who came to power in December, has made labor-market overhauls, along with a cleanup of Spain's ailing banks and draconian budget cuts, a key element of its push to shore up the economy.
  • MADRID—Spain's biggest unions called for mass protests across the country on Feb. 19 in response to labor-market changes the government announced this past Friday to lower the country's towering unemployment rate and spur economic growth.
  • "We want to raise a clamor in the streets of Spain against the labor-market reforms," said Ignacio Fernández Toxo, the head of Spain's largest union, in a news conference Saturday, although he stopped short of calling for a general strike.
  • DAVOS, Switzerland—German Chancellor Angela Merkel, sharply criticized for her government's prescriptions of austerity as a cure for the euro zone's sovereign-debt crisis, said labor-market reforms and greater European integration also were needed to correct flaws in the makeup of the common currency.
  • The yen's rise could hurt the export-oriented economy in the Nagoya area, home to Toyota Motor Corp. and its related companies, Mr. Shirakawa said, by slashing profits and damping corporate sentiment, as well as accelerating the shift of manufacturing overseas, which could have an negative impact on labor-market conditions.

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