Job Market Analysis

Job market analysis refers to the process of examining various factors affecting employment opportunities in a specific area or industry. It involves looking at data such as job demand, salary trends, required skills, and the number of available positions versus job seekers. This analysis helps individuals, businesses, and policymakers understand which professions are growing, what qualifications are needed, and where the best job opportunities lie. Ultimately, it aids in strategic decision-making for career planning, workforce development, and economic strategies.