The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce:
A)structural unemployment.
B)frictional unemployment.
C)seasonal unemployment.
D)cyclical unemployment.

Question

The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce:
A)​structural unemployment.
B)​frictional unemployment.
C)​seasonal unemployment.
D)​cyclical unemployment.

Quizplus · Accepted Answer

A computerized job bank listing of all job openings would provide greater access to information about job opportunities and reduce search costs for job seekers. This would primarily address frictional unemployment, which results from the time it takes for unemployed workers to find suitable jobs that match their skills and preferences. Structural unemployment, which results from a mismatch between the skills of workers and the needs of employers, would not be directly affected by a job bank. Seasonal unemployment would also be unaffected since it results from seasonal fluctuations in demand for labor. Cyclical unemployment is caused by economic downturns and would require macroeconomic policies to address.

The Development of a Nationwide Computerized Job Bank Listing of All