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Discover LudwigThe phrase "labor market" is correct and usable in written English.
You can use it when referring to a marketplace in which employers and job seekers interact to exchange goods and services. For example: "The labor market has been affected by the economic downturn, resulting in fewer job opportunities."
Dictionary
labor market
noun
A market with labor of workers.
Exact(60)
Consumers' labor market assessment worsened.
Others are concerned with labor market reform".
Consumers' assessment of the labor market worsened.
A Field Experiment on Labor Market Discrimination".
The most important addressed the labor market.
Why doesn't the labor market clear.
This makes the labor market less efficient.
"These incomes come from the labor market.
Where is the labor market reform?
Consumers' labor market assessment also worsened.
Learn more about Labor Market.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com