labor market alignment

Labor market alignment refers to how well the skills and education of the workforce match the demands of available jobs. When there's good alignment, workers' abilities meet employer needs, leading to lower unemployment and better job satisfaction. Conversely, poor alignment means many workers lack the skills for existing jobs or there are not enough jobs suited to their skills. Ensuring labor market alignment involves education, training, and policies that connect workers with the right opportunities, helping to create a more efficient and productive economy for both employees and employers.