The job market refers to the availability of employment opportunities and the demand for workers in various industries. It is influenced by factors such as economic conditions, technological advancements, and demographic trends. When the economy is strong, more jobs are typically available, while a weak economy may lead to higher unemployment rates.
Job seekers and employers interact in the job market, where individuals search for positions that match their skills and interests. Employers look for qualified candidates to fill their vacancies. The balance between job seekers and available positions can determine whether the market is considered competitive or favorable for workers.