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.
Employment sectors
Careers are generally grouped into similar types, called sectors.
Sector | 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.