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Labour market

ru

Translation labour market into russian

labour market
The labour market has been affected by the economic downturn.
Рынок труда пострадал от экономического спада.

Definitions

The labour market refers to the supply and demand for labor, where employers seek to hire workers and individuals offer their skills and services in exchange for wages. It encompasses various factors such as employment rates, job vacancies, wage levels, and the overall economic conditions that influence the availability and quality of jobs.