job market

English

Alternative forms

• jobs market

Pronunciation

• (US) IPA^(key): /ˈd͡ʒɑb ˌmɑɹkɪt/
• (Received Pronunciation) IPA^(key): /ˈd͡ʒɒb ˌmɑːkɪt/
• (weak vowel merger) IPA^(key): /ˈd͡ʒɑb ˌmɑɹkət/
• enPR: jŏb märkĭt

Noun

job market (countable and uncountable, plural job markets)

1. (business, marketing) A market in which employers seek out potential employees and employees search for prospective jobs.

   Synonym: labor market

   • 2024 February 5, “The effect of the job market on the economy”, in U.S. Wealth Management – U.S. Bank‎:

     America’s job market continues to expand despite elevated interest rates maintained by the Federal Reserve (Fed).

   • 2024 February 1, Aimee Picchi, “The job market is strong. So why did layoffs double in January?”, in CBS News‎:

     The job market remains one of the U.S. economy's main engines, with the nation's unemployment rate near a 50-year low and wages finally pulling ahead of inflation.