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Noun: labour market  'ley-bu(r) 'maa(r)-kit
Usage: Brit, Cdn (US: labor market)
  1. The market in which workers compete for jobs and employers compete for workers
    "The labour market was tight, with unemployment at a record low";
    - labor market [US]

Derived forms: labour markets

Type of: market, market place, marketplace

Encyclopedia: Labour market