The constant evolution of the job market means workers must adapt to survive; this is where sectoral shifts, frictional unemployment, and effective job searches become paramount.
In my last post, I wrote about the longer than usual time period I think it will take for unemployment to return to its normal, or full employment level, but I didn't define what normal unemployment ...
As I noted in a previous post, economists define three types of unemployment: frictional, structural, and cyclical: Frictional unemployment is defined as the unemployment that occurs because of people ...
Just this week, on Sept. 20, the agency said that the number of Americans filing for unemployment benefits reached the lowest level in almost 49 years. Unemployment benefits track changes in the ...
And no, this doesn't mean that the number of unemployed needs to go to zero. As Chris Pissarides and others got their Nobel for there's something called "frictional unemployment." This is the point ...
A journalist, soccer fanatic and Shrewsbury Town fan, Will’s love for the game has withstood countless playoff final losses. After graduating from the University of Liverpool he wrote for a number of ...
China has to overcome many challenges to stabilize the employment situation in the country, especially because millions of fresh college graduates and other youths enter the job market every year and ...
The Government recently introduced more than 1,900 work opportunities in the early childhood sector, including jobs, traineeships and attachments, as mentioned by a Ministry of Manpower (MOM) weekly ...
Maite joined the AS USA in 2021, bringing her experience as a research analyst investigating illegal logging to the team. Maite’s interest in politics propelled her to pursue a degree in international ...