What is a labour market?
A labour market matches potential employers – the demand for labour – with people who are available for work – the labour supply. Labour markets work at a local, regional, national and international level and show how economies operate.
Careers are generally grouped into similar types, called sectors.
|Areas of jobs/careers in this sector
|Retail and commercial enterprise
|Leisure, travel and tourism
|Business, administration and law
|Information and communication technology
|Health, public services and care
|Construction planning and the built environment
|Engineering and manufacturing technologies
|Art, media and publishing
Public, private or voluntary?
Sectors can also refer to whether a career or job is in the private, public or voluntary sector.
The private sector refers to privately owned businesses, either by a person or shareholders. Public sector jobs are those in the government or its agencies, while the voluntary sector refers to voluntary organisations (also known as charities) that are generally non-profit making.