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What is another word for labor market?

Pronunciation: [lˈe͡ɪbə mˈɑːkɪt] (IPA)

The labor market is one of the most important aspects of any economy. It refers to the availability of employment opportunities and the supply and demand for workers. Synonyms for labor market include job market, employment market, job sector, employment sector, workforce, labor force, and job pool. These terms are used interchangeably in various contexts such as analyzing the employment situation, labor force participation rates, or understanding economic trends. Regardless of the terminology used, the labor market plays a crucial role in shaping the economic landscape of any country, and identifying its nuances is essential for effective policymaking and planning.
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Synonyms for Labor market:

What are the hypernyms for Labor market?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Labor market?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Labor market

  • In his early research, Galbraith attempted to explain what had brought on the Great Crash of 1929 – including the role of the stock market's speculative greed fed by (what would today be called) irrational exuberance. Friedman ignored speculation and the failure of the labor market as he focused on the failures of the Federal Reserve. To Friedman, government was the problem, not the solution.
    Milton Friedman
  • Such cultural homosexuality is an alienation more or less forced upon certain groups of Auden’s society by the form of their education and the nature of their social and financial conditions. Where the members of a class and a sex are taught, in a prolonged narcissistic isolation, to hero-worship themselves—class and sex; where—to a different class—unemployment is normal, where one’s pay is inadequate or impossible for more than one; where children are expensive liabilities instead of assets; where women are business competitors; where most social relationships have become as abstract, individualistic, and mobile as the relations of the labor market, homosexuality is a welcome asset to the state, one of the cheapest and least dangerous forms of revolution.
    Randall Jarrell

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