der Arbeitsmarkt
labor market
The entire system of supply and demand for workers in an economy.
EXAMPLE
Die Digitalisierung verändert den Arbeitsmarkt grundlegend.
Digitalization is fundamentally changing the labor market.
der Arbeitsmarkt
labor market
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Meanings
Usage tips
Compound word
'Arbeitsmarkt' (labor market) is a compound noun made up of 'Arbeit' (work) and 'Markt' (market). The 's' in between is a linking element that connects the two words. Literally, it is a 'market for work'.
EXAMPLE
Auf dem Arbeitsmarkt treffen Angebot und Nachfrage nach Jobs aufeinander.
On the labor market, supply and demand for jobs meet.
Preposition 'auf'
In most cases, 'Arbeitsmarkt' (labor market) is used with the preposition 'auf' and the dative to describe the situation or position: 'auf dem Arbeitsmarkt' (on the labor market).
EXAMPLE
Die Chancen für junge Absolventen auf dem Arbeitsmarkt sind derzeit gut.
The opportunities for young graduates on the labor market are currently good.
Typical collocations
Common adjectives are 'angespannt' (tense), 'flexibel' (flexible), or 'lokal' (local). Typical verbs are 'den Arbeitsmarkt analysieren' (to analyze the labor market) or 'auf den Arbeitsmarkt kommen' (to enter the labor market).
EXAMPLE
Wegen der Krise ist die Lage auf dem deutschen Arbeitsmarkt sehr angespannt.
Because of the crisis, the situation on the German labor market is very tense.
In real life
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