A labor exchange is a system, platform, or network that connects job seekers with employers by facilitating the matching of available workers and available jobs. Labor exchanges may be operated by public workforce agencies, private companies, or public-private partnerships and often include job postings, labor market information, and employment services.

A national labor exchange is a coordinated labor-market infrastructure that aggregates, distributes, and shares job-opening information across multiple states, employers, and workforce systems to improve labor-market efficiency and employment matching.