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Eleven states have an unemployment rate of 6% or higher, including Michigan, California, Louisiana and New Jersey. More than half of states have an unemployment rate of at least 5%. Corporate ...
Frictional unemployment occurs when a worker is voluntarily between jobs. This is normal and healthy for the economy, as it increases the matches between job openings and seekers. Structural unemployment is caused by structural changes in the economy. This includes technological changes and the movement and relocation of certain industries.
The unemployment rate (U-6) is a wider measure of unemployment, which treats additional workers as unemployed (e.g., those employed part-time for economic reasons and certain "marginally attached" workers outside the labor force, who have looked for a job within the last year, but not within the last 4 weeks).
Structural unemployment focuses on foundational problems in the economy and inefficiencies inherent in labor markets, including a mismatch between the supply and demand of laborers with necessary skill sets. Structural arguments emphasize causes and solutions related to disruptive technologies and globalization. Discussions of frictional ...
When employees lose their jobs, they start updating their resumes, networking, and searching job boards for job postings. What most are focused on, however, are tactical ways of landing the next job.
In fact, they spend so much time scanning resumes, they can often do it in one minute or less. As disappointing as that may be given all the. By Ryan Mack, Come Recommended Recruiters spend ...
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