Labour market demands

Labour market demands refer to the overall need for workers in different industries and roles within an economy. It is influenced by factors like technological advancements, economic growth, and societal trends. When demand is high for certain skills or professions, employers struggle to find enough qualified workers, which can lead to higher wages and more job opportunities. Conversely, if demand declines, job availability may decrease, and wages can fall. Understanding labour market demands helps individuals make informed career decisions and guides policymakers and businesses in planning education, training, and employment strategies.