job market
Employment supply, demand
The job market refers to the supply of and demand for labor, where employers seek workers and workers seek employment.
It functions as an abstract marketplace—not a physical location—where hiring decisions and career opportunities take shape.
People speak of a tight job market when jobs are scarce and competition fierce, or a strong job market when opportunities abound.
The phrase often appears in discussions of economic conditions, career prospects, and employment trends.
Giving someone work
- vacanciesUnfilled positions available
- layoffsMass job eliminations
- workforceAll available workers
- labor forceEmployed and job-seeking population
employers · employees · jobseekers · full-time · part-time · temporary · permanent · wages
Those seeking acceptance
- resumesJob applicants' summaries
- cover lettersJob application introductions
- interviewsFormal evaluative conversations
- recruitersHiring agents
headhunting · talent acquisition · staffing agencies · background checks · onboarding · selection process · shortlist · LinkedIn
Employers' need for workers
- labor supplyAvailable workforce for hire
- recessionProlonged economic decline
- inflationSustained price level increase
- wagesPayment for work
outsourcing · globalization · offshoring · minimum wage · income inequality · GDP · productivity · economic cycle
Those seeking selection
- qualificationsProof of competence
- experiencePractical knowledge from life
- overqualifiedToo capable for position
- underqualifiedLacking necessary qualifications
meritocracy · credentials · skill gap · talent shortage · labor shortage · applicant pool · networking · differentiation
Self-operating system design
- gig economyWork based on temporary contracts
- remote workEmployment from afar
- freelancingSelf-directed contract work
- startupsNewly launched businesses
entrepreneurship · sustainability · digital transformation · upskilling · reskilling · demographics · contract work
Applied scientific methods
- healthcareOrganized provision of treatment
- financeProvide money for
- manufacturingIndustrial product creation
- retailSales to end users
hospitality · education · construction · government · nonprofit · energy · agriculture · logistics
hiring
Giving someone work
labor force · employers · employees · jobseekers · full-time · part-time · temporary · permanent · wages · salaries
applicants
Those seeking acceptance
- resumesJob applicants' summaries
- cover lettersJob application introductions
- interviewsFormal evaluative conversations
recruiters · headhunting · talent acquisition · staffing agencies · background checks · onboarding · selection process · shortlist · LinkedIn · ATS
labor demand
Employers' need for workers
- labor supplyAvailable workforce for hire
- recessionProlonged economic decline
- inflationSustained price level increase
wages · outsourcing · globalization · offshoring · minimum wage · income inequality · GDP · productivity · economic cycle · downturn
candidates
Those seeking selection
- qualificationsProof of competence
- experiencePractical knowledge from life
- overqualifiedToo capable for position
underqualified · meritocracy · credentials · skill gap · talent shortage · labor shortage · applicant pool · networking · differentiation · personal branding
automation
Self-operating system design
- gig economyWork based on temporary contracts
- remote workEmployment from afar
- freelancingSelf-directed contract work
startups · entrepreneurship · sustainability · digital transformation · upskilling · reskilling · demographics · contract work
technology
Applied scientific methods
- healthcareOrganized provision of treatment
- financeProvide money for
- manufacturingIndustrial product creation
retail · hospitality · education · construction · government · nonprofit · energy · agriculture · logistics · consulting
- academic career challengespublish or perish, peer review, teaching load, academic freedom
- job market termshiring trends, workforce, recruitment, skill gaps, skill shortages
- employmentcareer, careers, interview, interviews, hire
- work9 to 5, labor, employee, profession, employer
- careersdoctor, lawyer, teacher, engineer, nurse
- job markethiring, labor force, employers, workforce, workers
job marketunemployment
Being without paid work
joblessness · hiring freeze · job scarcity · unemployment crisis · labor shortage
job marketself-employment
Working for yourself
entrepreneurship · gig economy · subsistence economy · barter economy · retirement
job, market, jobs, employment, marketing, jobless, markets, unemployment, marketer