A segmented labor supply requires multiple labor market comparisons.

Question

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A segmented labor supply refers to a situation where individuals have varying levels of skills and abilities, and therefore may have access to different labor markets. For example, a highly skilled software engineer may have access to a different job market than an entry-level administrative assistant. Due to these differences, analyzing labor supply requires multiple comparisons across different labor markets.

A Segmented Labor Supply Requires Multiple Labor Market Comparisons