This is the 11923rd most frequent Korean word.
노동시장의
"노동시장의" means "of the labor market" or "labor market's."
The word '노동시장의' is used as an attributive noun to describe 'changes', indicating that these are changes specific to the labor market.
노동시장의 변화는 경제 전체에 큰 영향을 미칩니다.
Changes in the labor market have a significant impact on the overall economy.
Here, '노동시장의' modifies the noun '추세'(trends), delineating the trends as those occurring within the context of the labor market.
많은 사람들이 노동시장의 추세를 주의 깊게 관찰합니다.
Many people closely observe trends in the labor market.
In this sentence, '노동시장의' qualifies the noun '문제'(issues), specifying that the issues pertain to the labor market.