What is a Labour Market?

What is a Labour Market?

Labour market may be defined as a market where wages and other conditions of employment are negotiated and determined.

Labour market is an integral part of the factor market where factors of production are bought and sold.

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Somtochukwu
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Somtochukwu

Coach, Motivational Speaker, Writer and Teacher.

▪ Follower of Balancism.
Somtochukwu
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