Labor market definition

Labor market means a place where individuals exchange their labor for compensation. Labor markets are identified and defined by a combination of the following factors --
Labor market means the availability of employment within an area not to exceed a fifty (50) mile radius of the injured employee’s customary residence.
Labor market means the geographic area in which workers in your particular occupation or with your particular set of skills have customarily found work. For the purpose of determining whether you are a dislocated worker, "labor mar- ket" is based on your place of residence at the time you sepa- rated from employment. You will not be considered a dislo- cated worker if, following your separation from work, you move from a labor market area where your skills are in demand to an area where they are declining.

Examples of Labor market in a sentence

  • Labor market and occupational information will be researched or provided.

  • Examples of public policy objectives that might require regulatory support: ⮚ Equitable access, regardless of income or location, to a given service ⮚ Consumer protection (including through information and control) ⮚ Job creation in disadvantaged regions ⮚ Labor market integration of disadvantaged persons ⮚ Reduction of environmental impacts and other externalities ⮚ Macroeconomic stability ⮚ Avoidance of market dominance and anti-competitive conduct ⮚ Avoidance of tax evasion, fraud, etc.

  • Labor market information includes: information on state and local labor market conditions; industries, occupations, and characteristics of the workforce; employer wage and benefit trends; short and long-term industry and occupationalprojections; worker supply and demand; area businesses' identified skill needs; job vacancies' survey results; workforce availability; business turnover rates; job creation; and job identification of high-growth and high-demand industries.

  • Labor market and youth needs assessments are elements of YED’s Standards of Excellence in youth employability programs.

  • Labor market dualism8, although not unique to Japan, characterized the Japanese employment system since the 1990s.


More Definitions of Labor market

Labor market means an area not to exceed a 50 mile radius of the injured employee’s customary vicinity.
Labor market means an area not to exceed a 50 mile radius of the injured employee's customary vicinity.
Labor market or "Labor market area" means a geographical area from which an agency may reasonably recruit or expect to recruit an employee for hire, promotion or transfer.
Labor market means an economically integrated geographic area within which individuals can reside and find employment within a reasonable distance or can readily change employment without changing their place of residence.
Labor market as used in this part, means a place where individuals exchange their labor for compensation. Labor markets are identified and defined by a combination of the following factors--
Labor market means the geographic area in which the contractor recruits applicants for employment. The labor market may be different for various categories of employees. For example, the contractor may recruit laborers from the city in which the contractor is located and professionals on a regional or statewide basis.
Labor market means the geographic area in which the vendor recruits applicants for employment. The labor market may be different for various categories or groups of employes. For example, the vendor may recruit laborers from the city in which the vendor is located and professionals on a regional or statewide basis.