Suppose employment websites develop new software that enables job-seekers to find suitable jobs more quickly and employers
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Suppose employment websites develop new software that enables job-seekers to find suitable jobs more quickly and employers to better screen potential employees. What effect will this have on the unemployment rate over time? Also suppose that these websites encourage job-seekers who had given up their searches to begin looking again. What effect will this have on the unemployment rate?
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Software improvements developed by employment websites that ...View the full answer
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