Answers

2016-02-21T14:58:56+08:00

The nominal market in which workers find paying work, employers find willing workers, and wage rates are determined.

Labor markets may be local or national (even international) in their scope and are made up of smaller, interacting labor markets for different qualifications, skills, and geographical locations. They depend on exchange of information between employers and job seekers about wage rates, conditions of employment, level ofcompetition, and job location.



Read more: http://www.businessdictionary.com/definition/labor-market.html#ixzz40md3aHRT
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2016-02-21T15:05:01+08:00

http://settlement.org/ontario/employment/find-a-job/labour-market-information/what-is-labour-market-...

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