Internet sites that enable people to post their resumes online reduce the costs of job searches. As a result, how the natural rate of unemployment is affected?

Question

Social Studies

Jonah Davila

5 October, 02:23

Internet sites that enable people to post their resumes online reduce the costs of job searches. As a result, how the natural rate of unemployment is affected?

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Answers (1)

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Jazlynn Sanford · Answer 1

Answer:Explained

Explanation:

The natural rate of Unemployment consist

Rate of Structural Unemployment Frictional Unemployment

With the commencement of internet sites, Job finding is much easier now which reduces the cost of finding job and time. As a result, Frictional Unemployment is decreasing. This also suggests that an opportunity will likely to get explored by no of people in less time.

So-net Unemployment is decreased.