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Job market - English Vocabulary

Meaning 1:job market (Job market)

Job market 🔊
/ˈdʒɑb ˈmɑrkɪt/
n.
The environment where jobs are available and people look for work, like a marketplace for employment opportunities.
A busy career fair with people in professional attire, exchanging resumes and smiling during interviews.
job market 🔊
/ˈdʒɑb ˈmɑrkɪt/
n.
The job market refers to the supply and demand for labor, where employers seek workers and individuals seek employment.
📁 Category:Social Economy 🔖 Level:Intermediate

📘 Details & Usage

📖 Root Explanation
Combination of 'job' (piece of work) and 'market' (place of trade).
💡 Mnemonic
Imagine a marketplace where people trade their skills and time for money and positions.
📖 Example
After graduation, she explored the job market to find a role in environmental science. 🔊 After graduation, she explored the job market to find a role in environmental science.
🔗 Collocations
tight job market – a job market with few available positions and many applicants
online job market – employment opportunities posted on the internet
competitive job market – a market where many candidates vie for limited jobs
🔄 Synonyms
labor market (n.) – the supply of available workers in relation to available work
employment landscape (n.) – the overall state and trends of job availability
📖 Cultural Story
The term 'job market' emerged in the 20th century to describe the economic system of employment supply and demand, widely used in economic reports and career discussions.
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