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Labor market definition

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 --
Labor market means the availability of employment within an area not to exceed a fifty (50) mile radius of the injured employee’s customary residence.
Labor market means the geographic area in which workers in your particular occupation or with your particular set of skills have customarily found work. For the purpose of determining whether you are a dislocated worker, "labor mar- ket" is based on your place of residence at the time you sepa- rated from employment. You will not be considered a dislo- cated worker if, following your separation from work, you move from a labor market area where your skills are in demand to an area where they are declining.

Examples of Labor market in a sentence

  • Labor market and occupational information will be researched or provided.

  • Labor market returns to an early childhood stimulation intervention in Jamaica.

  • Provision of public facilities and indirect assistance that will provide benefit to multiple businesses does not fall under the definition of ‘‘directly assist,’’ unless it includes the provision of infrastructure to aid a specific busi- ness that is the subject of an agree- ment with the specific assisted busi- ness.(ii) Labor market area (LMA).

  • Labor market information specific to this workforce development area is available.

  • Labor market information, economic information, and direct involvement of industry employers and sector associations help identify career pathways and employment needs and opportunities.


More Definitions of Labor market

Labor market or "Labor market area" means a geographical area from which an agency may reasonably recruit or expect to recruit an employee for hire, promotion or transfer.
Labor market means an area not to exceed a 50 mile radius of the injured employee’s customary vicinity.
Labor market means an economically integrated geographic area within which individuals can reside and find employment within a reasonable distance or can readily change employment without changing their place of residence.
Labor market means an area not to exceed a 50 mile radius of the injured employee's customary vicinity.
Labor market as used in this part, means a place where individuals exchange their labor for compensation. Labor markets are identified and defined by a combination of the following factors--
Labor market means the geographic area in which the vendor recruits applicants for employment. The labor market may be different for various categories or groups of employes. For example, the vendor may recruit laborers from the city in which the vendor is located and professionals on a regional or statewide basis.
Labor market means the supply and demand sources for labor in society;