Term -Labor market

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–
    (1) Geography
    (2) Education and/or technical
background required
    (3) Experience required by the job
    (4) Licensing or certification
requirements
    (5) Occupational membership, and
    (6) Industry

Pin It on Pinterest

Share This