Suppose the government decides to set up a website to link prospective employers and employees.Employers can post jobs and employees can then send resumes.
(A)How would this affect unemployment?
(B)How would this affect frictional and structural unemployment?
(C)How would this affect the natural unemployment rate?
(D)Suppose as a by-product of the service,the government is able to pool data on the skill level and experience of employees and the desired skill level and experience demanded by employers.Why would this information be valuable? How could it be used to reduce unemployment?

Question

Quizplus · Accepted Answer

The Answer of Suppose the government decides to set up a website to link prospective employers and employees.Employers can post jobs and employees can then send resumes.
(A)How would this affect unemployment?
(B)How would this affect frictional and structural unemployment?
(C)How would this affect the natural unemployment rate?
(D)Suppose as a by-product of the service,the government is able to pool data on the skill level and experience of employees and the desired skill level and experience demanded by employers.Why would this information be valuable? How could it be used to reduce unemployment?

Suppose the Government Decides to Set Up a Website to Link