How much does Labor Market affect the decisions of HR Managers and Co. decision makers? Also which Labor Markets you'd consider as highly competitive?

Very nice Q: The brief answer in this brief points refers to the impact points and the points competition.

First effect: the labor market as a party and between human resources and decision-makers on the other hand, we greet you there are supply and demand laws, affecting the actual here is the required quality, the human resources require certain levels consistent with the company's policy to achieve its objectives standards and high quality, if it failed to get what you want, here the market is inefficient, there became rarity, despite the big show they agree in shape but do not agree in substance.

The second point of non-prolongation.

A competition: Compete human resources and industrial decision, when the availability of the required specifications set out, there, bringing to compete in a market where scarcity is available with large display is not in conformity with the specifications.

One of the external environment variables is the labor marketTherefore, the company's management and human resource management strategies before placing the collection of market information and then analyze the information and determine the strengths and weaknesses of any analysis of Swot and then begin making strategic plans for the company and 

in KSA is very effect on decision like netaqat

Thank you for your invitation..... I agree with experts answers 

Mr sameer Abdul Wahab answer full...i agree with him.

Labor Market has a direct & signifanct impact on the decisions made by Human Resource Managers & organisation's management as far as recruitment & rentention programs are concerned. 

When the Labor market is highly competitive, Human Resource Personnels have to make very critical & wise decisions are as far recruitment & rentention of employees is concerned. They have to sieve the best out of the best & their work is made far easy to sort out the best suitable & competitive candidates for employment.

When the Labor market is not highly competitive, Human Resource Personnels have to make very critical decisions as far as recruitment & rentention is concerned. They will have to adjust their policies (job descriptions & job specifications) to meet the actual state of labor market if it is not competitive enough. Also the organisation's management will have to incur more in training & development of employees ti meet their expected standards.

I think the European Labor market is still the most competitive followed by the Asian labor market and now the Middle East labor market has gained more momentum thus it will be more competitive with time

Thanx for the invitation

Labour market, affect's tremoundously , if the , hr manager, makes one single mistake, in judging the employee, because of competition in the market scenirio. 

IT Sector, is the one , which is highly competitive market.