The flag of the Kingdom of Thailand (Thai: à¸à¸à¹à¸à¸£à¸£à¸à¸à¹, Thong Trairong, meaning  tricolour flagâ) shows five horizontal stripes in the colours red, white, blue, white and red, with the central blue stripe being twice as wide as each of the other four.he flag of the Kingdom of Thailand (Thai: à¸à¸à¹à¸à¸£à¸£à¸à¸à¹, Thong Trairong, meaning  tricolour flagâ) shows five horizontal stripes in the colours red, white, blue, white and red, with the central blue stripe being twice as wide as each of the other four.
Labour markets or job markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers) and the demanders of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. In economics, labour is a measure of the work done by human beings.
Definition of 'Labour Market' Definition: A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying job. Description: A labour market in an economy functions with demand and supply of labour. In this market, labour demand is the firm's demand for labour and supply is the worker's supply of labour.