Question: Job Search is the process by which workers find appropriate jobs given their tastes and skills. results from the fact that it takes time for

Job Search is the process by which workers find appropriate jobs given their tastes and skills. results from the fact that it takes time for qualified individuals to be matched with appropriate jobs.

1. Explain what is Job search and give example?

This unemployment is different from the other types of unemployment. It is not caused by a wage rate higher than equilibrium. It is caused by the time spent searching for the "right" job.

2. A. Explain why "Job Search" is different from the other types of unemployment.

B. How it is caused by the time spent searching for the appropriate job?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!