explain world labour market ...
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A labor market is the relationship of communication between the suppliers and the demanders so that they are able to do business together. The global aspect of the labor market refers to the world and all that contribute within this measure, also known as globalization.
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A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying job. Description: A labour market in an economy functions with demand and supply of labour.
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