Crossword Genius

What could make alarm break out — ignoring a factor of job economics (6,6)

Ross

I believe the answer is:

labour market

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'factor of job economics' is the definition.
I know nothing about this answer so I can't judge whether it can be defined by this definition.

'what could make alarm break out ignoring a' is the wordplay.
'what could make' is an anagram indicator.
'ignoring' is a deletion indicator.
'alarm'+'break'+'out'='alarmbreakout'
'alarmbreakout' with 'a' taken away is 'larmbreakout'.
'larmbreakout' with letters rearranged gives 'LABOUR MARKET'.

Can you help me to learn more?

(Another definition for labour market that I've seen is " Supply and demand for workers".)

I've seen this clue in The Times.
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