Other things being equal,improvements in the efficiency of labour markets that make it easier for firms to advertise prospective jobs and which reduce the effort of workers to search for jobs will

Question

Quizplus · Accepted Answer

Improvements in the efficiency of labor markets that make it easier for firms to advertise prospective jobs and reduce the effort of workers to search for jobs will decrease frictional unemployment. Frictional unemployment occurs when individuals are between jobs, looking for new opportunities or transitioning into new roles. By making job-searching more efficient and accessible, workers can find new positions more easily, reducing frictional unemployment.

Other Things Being Equal,improvements in the Efficiency of Labour Markets