Dictionary

job market en · NOUN

Pronunciation

• /ˈd͡ʒɑb ˌmɑɹkət/ weak vowel merger
• /ˈd͡ʒɒb ˌmɑːkɪt/ (Received-Pronunciation)
• /ˈd͡ʒɑb ˌmɑɹkɪt/ (US)
• jŏb märkĭt

Meanings

1. (countable, uncountable) A market in which employers seek out potential employees and employees search for prospective jobs.
   • 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. 2024 February 1, Aimee Picchi, “The job market is strong. So why did layoffs double in January?”, in CBS News:
   • America’s job market continues to expand despite elevated interest rates maintained by the Federal Reserve (Fed). 2024 February 5, “The effect of the job market on the economy”, in U.S. Wealth Management – U.S. Bank:

Forms

Synonyms

labor market