Labor market versus job market

1. Labor Market & Job Market
Beat-Research (h.meligy@beta-research.org)

2.  The concept of Job market refers to the more
immediate demand/supply matching
transaction between employers and job
seekers, i.e., employers filling their current
job needs and individuals seeking and
accepting job offers. This is an important
aspect but does not define the larger set of
labor market transactions and flows;
Job Market

3.  The term Labor Market refers to the “entire
set of interlinked institutions and processes
that determine the flows of job opportunities
and manpower [labor supply] in both the
short and the long run.” [Yavitz, Morse, and
Dutka 1973]
Labor Market

4. Balance
Government
& Policies
Employers Seekers
Demand Supply
Labor market structure

5.  Labor Market
 Technical Vocational
 Process Modeling and Re-engineering
 Innovation
 Research
 Market Studies
 Sector Studies
 Private Equity
Beta-Research
Hassan El-Meligy
h.meligy@beta-research.org
Beta-Research