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RBA Glossary definition for labour market

labour market – A collective term for employment, unemployment, participation rates and wages.

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Appendix A: The Model

31 Dec 2010 RDP 2010-01
Adam Cagliarini, Tim Robinson and Allen Tran
There are N markets for N final goods, a unit interval of markets for intermediate goods, a labour market, a bond market and a money market. ... The second,. , is introduced for convenience. Using the final goods market-clearing condition:.
https://www.rba.gov.au/publications/rdp/2010/2010-01/appendix-a.html

The Data-generating Process

31 Dec 2010 RDP 2010-01
Adam Cagliarini, Tim Robinson and Allen Tran
We also use the market sector MFP series to calibrate the standard deviation of aggregate technology shock. ... Consequently, labour is the only factor of production, and its share of income, α.
https://www.rba.gov.au/publications/rdp/2010/2010-01/data-generating-process.html