Labour market

 

 

 

Labour market

 

Glossary of business

 

Definition of labour market

 

The labour market is where labour is bought and sold. People supply their labour and it is in turn demanded by firms. The wage rate is determined in the labour market by the interaction of demand and supply.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of labour market

 

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Meaning of labour market

 

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What does labour market mean ?

 

 

 

 

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