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Definition of labour market noun from the Oxford Advanced Learner's Dictionary

labour market

noun
 
/ˈleɪbə mɑːkɪt/
 
/ˈleɪbər mɑːrkɪt/
(US English labor market)
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  1. the number of people who are available for work in relation to the number of jobs available
    • young people about to enter the labour market
    Oxford Collocations DictionaryLabour market/​labor market is used before these nouns:
    • participation
    See full entry
See labour market in the Oxford Learner's Dictionary of Academic English
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