Labor mobility is:
A) higher in the short run than in the long run.
B) higher in the long run than in the short run.
C) approximately the same in the long run as in the short run.
D) higher for the entire labor force than for individuals.

Question

Quizplus · Accepted Answer

Labor mobility refers to the ability of workers to move from one occupation, region or country to another in search of better work opportunities. In the short run, workers may face some barriers to mobility such as lack of job vacancies, geographical constraints, skills mismatch or family ties. However, over time, these barriers tend to diminish as workers adjust to new conditions and gain experience, networks or education. Therefore, labor mobility is generally higher in the long run than in the short run. While some individuals may face more obstacles than others (e.g. due to age, health, discrimination or institutional factors), the overall trend is towards greater mobility as the labor market becomes more integrated and flexible. Thus, option B is the best choice. Option A is incorrect because it implies the opposite of what happens in reality, as short-term obstacles may deter some workers from moving. Option C is incorrect because it assumes that the patterns of mobility do not change significantly over time. Option D is incorrect because it overlooks the fact that individuals may have different preferences, constraints or incentives to move, depending on their personal circumstances and aspirations.

Labor Mobility Is