the available supply of labor considered with reference to the demand for it.
An area of economic exchange in which workers seek jobs and employers seek workers. A “tight” labor market has more jobs than workers. In a “slack” labor market, the reverse is true.
noun 1. labor unions collectively: The labor movement supported the bill. 2. the complex of organizations and individuals supporting and advocating improved conditions for labor. 3. the effort of organized labor and its supporters to bring about improved conditions for the worker, as through collective bargaining: Their activities proved more harmful than helpful to the […]
An IGC network serving groups, unions and labour advocates interested in information sharing and collaboration with the intent of enhancing the human rights and economic justice of workers. Issues covered include workplace and community health and safety issues, trade issues and international union solidarity and collaboration.
noun 1. work done for the sake of one’s own enjoyment or of benefit to others rather than for material rewards: He coached amateur baseball teams as a labor of love. Work done for one’s satisfaction rather than monetary reward. For example, The research took three years but it was a labor of love. This […]
plural noun 1. pain encountered during the uterine contractions of childbirth. 2. difficulties, problems, or setbacks encountered during the initial phase of a business or project. labor pains pl.n. Rhythmical uterine contractions that, under normal conditions, increase in intensity, frequency, and duration, and culminate in vaginal delivery of the infant.