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Preferred term

labor markets  

Definition

  • Labor markets, the process that matches jobs and workers, are a primary component of local economies and therefore have enormous influence over the health and welfare of communities of all types and sizes. Labor markets can be studied at any spatial scale, from local community to transnational global exchange, and everything in between. [Source: Encyclopedia of Community: From the Village to the Virtual World; Labor Markets]

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URI

https://concepts.sagepub.com/social-science/concept/labor_markets

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