The duration of unemployment depends on
A)how organized the labor market is in matching potential workers with jobs
B)the age, sex, and racial mix of the labor force
C)the ability and desire of those who are unemployed to hold out for a better job
D)the availability of jobs that match workers' skills
E)all of the above

Question

Quizplus · Accepted Answer

All of the above factors can have an impact on the duration of unemployment. A well-organized labor market can help match workers with jobs more quickly, while the availability of jobs that match workers' skills is crucial for finding employment. Other considerations, such as the age, sex, and racial makeup of the labor force, as well as the willingness of unemployed workers to hold out for better job opportunities, can also affect how long people stay out of work.

The Duration of Unemployment Depends on