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How might the Internet job sites impact the unemployment rate?

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1. How might the Internet job sites impact on the unemployment rate?

2. If there is an impact, what type of unemployment may be affected?

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How might the internet job sites impact the unemployment rate is determined.

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1. How might the Internet job sites impact on the unemployment rate?

Internet job sites and other and recruiting sites are generally free of cost for workers and much cheaper for firms than other traditional print advertisements. Retaining a professional employment recruiter for specialized searches to reach the talented candidate is no longer necessary with internet job sites. Candidates are advertising themselves and employers can find them with an effective search. Besides these services offer firms and workers the promise of instant access to a much larger number of possible matches than traditional channels, as well as the potential for the exchange of much more detailed information about both worker and job attributes. According to many economists, these technologies may lead to lower frictional unemployment by ...

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Umut Oltulu, MBA
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  • MBA, Texas A&M University-Kingsville
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