The labor market

unemployment in united states http://youthcm.com Youth Career Management (YCM) reports that: On the job market, employers and those who work meet. The employers (buyers) are looking for employees who want to work with them. A job is an example of a concrete market. A concrete market is a place where demanding and suppliers of a given product meet. The labor market is an example of an abstract market.An abstract market comprises the whole supply and demand without there being a place where buyers (buyers) and suppliers (sellers) meet. The supply and demand determine the price.On the labor market labor demand and supply together.This will determine how many people actually work. This number is the employment.The job consists...

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