job scarcity
Few positions available
Job scarcity is a shortage of available employment opportunities relative to the number of people seeking work.
The term appears in economic discussions about labor markets, automation, and policy: Job scarcity in rural areas drives migration to cities.
It's the flip side of labor shortage, describing conditions where workers compete for limited positions rather than employers competing for workers.
- unemploymentBeing without paid work
- pink slipEmployment termination notice
- layoffsMass job eliminations
- recessionProlonged economic decline
- hiringGiving someone work
downsizing · labor market · competition · resume · desperation · applications · rejection · outsourcing · automation · struggle · workforce · cutbacks · interviews · underemployment · career change · freelance · gig · side hustle
job scarcitylabor shortage
Insufficient workforce supply
full employment · hiring boom · worker shortage · help wanted · talent shortage
job scarcityeconomic boom
Sustained period of growth
prosperity · economic expansion · bull market · post-war boom · labor demand
job, jobs, jobless, joblessness, jobbing, jobber, scarce, scarcely, scarceness