Mismatch and unemployment in local labour markets
Ronald McQuaid1999
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21 pages
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Abstract This paper examines employer-jobseeker mismatch and the extent to which the time needed to fill vacancies is affected by characteristics and practices of employers in two different travel to work areas. Unemployment due to mismatch has been explained in economic literature as a function of factors such as changes in market structure, information asymmetry caused by inefficient job matching processes such as employment agencies, and lack of workforce flexibility in terms of geographic mobility, wages and skills.
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