One News Wire article in the text,titled "HP to Cut 27,000 Jobs" reports that the company will reduce the number of workers making PCs since people are using smaller hand-held devices like tablets and smartphones.This article describes a labor market where labor demand is:

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The article describes a situation where the demand for labor is dependent on the demand for the company's products (PCs), which in turn is affected by consumer preferences shifting towards tablets and smartphones. This is a classic example of derived demand, where the need for workers is directly tied to the demand for the goods or services they produce.

One News Wire Article in the Text,titled "HP to Cut