Question: Suppose that hiring efficiency, which is defined as the ratio between hiring and job postings, increases dramatically in your industry. As a hiring manager, how
Suppose that "hiring efficiency", which is defined as the ratio between hiring and job postings, increases dramatically in your industry. As a hiring manager, how would you interpret this change in the labor market?
Answers:
A) It is more likely to fill vacancies; the supply in the labor market pool matches well with what the demand side is searching for.
B) It is more likely to fill vacancies, but the labor market is showing evidence of mismatch
C)There is no point in interpreting this information
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