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Meaning of job market | Babel Free

Noun CEFR B2
/ˈd͡ʒɑb ˌmɑɹkɪt/

Definitions

A market in which employers seek out potential employees and employees search for prospective jobs.

countable, uncountable

Examples

“America’s job market continues to expand despite elevated interest rates maintained by the Federal Reserve (Fed).”
“The job market remains one of the U.S. economy's main engines, with the nation's unemployment rate near a 50-year low and wages finally pulling ahead of inflation.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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