Definition of Candidate's Market

When there are more jobs open than job candidates available, so potential job seekers can be more selective when choosing between potential jobs, and as a result employees need to offer higher pay and benefits.

Example: Many people are saying now is currently a candidate's market because there many open roles across companies but not as many people are interviewing for new roles.

Variations: candidates market


Usage of "Candidate's Market" by Country

Business English is used in many different countries around the world. Some of the words and phrases listed on this site will be understood everywhere Business English is used, but some words and phrases are only used in specific countries. The map below shows where "Candidate's Market" is most commonly used.

Word Usage Map

Learn More About "Candidate's Market"

"Candidate's Market" is in the top 30% most popular words looked up on this site.

"Candidate's Market" is used in the workplace during meetings or emails.

The definition for "Candidate's Market" was last updated in 2021.

Trending Words

Check out the list below for the trending words that people are searching for on this site.

Bankroll
BS
Go Getter
Ramp Up Time
Emerging Markets

Newest Words

Check out the list below for the latest words and phrases added to this site.

TOFU
Market Leader
As The Crow Flies
Last-minute
Firewall

Business English Quiz

Question: What does "Calendar Invite" mean?

   (A) When a person wants to meet with you next week.
   (B) An email sent to schedule a meeting with the option to either accept or decline the meeting at the scheduled time.
   (C) When a person has available time on their calendar to meet with you.
   (D) When a person does not have any time to meet with you.

Answer: Find out the right answer here.

About This Site

Jargonism is a Business English dictionary. You can learn about words and phrases that are commonly used in the workplace like Circle Back, Thought Leader, and Offsite. We also have a Word of the Day, which is a daily Business English vocabulary word that is commonly used in the workplace.

On this site, we also have templates on how to communicate effectively at work, such as requesting PTO, declining a promotion, and taking a sick day.

Word of the Day

Date: 10/15/2021

Word: Close It Out

Definition: To mark something as completed.

Example: This task has been fixed, so let's close it out within the task tracker.

Cite This Page

"Candidate's Market." Jargonism.com Dictionary, https://jargonism.com/words/1410. Accessed 10/15/2021.