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Skills for work and life

Transforming technical and vocational education and training (TVET) for successful and just transitions

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TVETipedia is now here: TVETipedia Glossary




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TVETipedia Glossary

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Labour market


4 child terms

The system of relationships between the supply of people available for employment and available jobs.
Source: NCVER 2013, Australia
A system consisting of employers as buyers and workers as sellers, the purpose of which is to match job vacancies with job applicants and to set wages.
Source: TESDA 2010, Philippines

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Related terms
 Labour force, Skill needs






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