Nicole asked in Social ScienceEconomics · 1 month ago

Explain why it is possible for job vacancies and unemployment to co-exist at the same time?

2 Answers

  • 1 month ago

    I think the #1 reason is mismatch between the vacancies and skill set.

    There are tons of openings for cleaning hotel rooms at minimum wage, but laid-off pilots don't want to do it.  Or there are openings for commercial airline pilots, but among the unemployed, there aren't any qualified to fly that kind of plane.

    There are other reasons, of course, like the vacancies not being real or urgent.

  • Oiy
    Lv 6
    1 month ago

    The engineer is looking for a job,but he cannot be hired by the bank.

Still have questions? Get answers by asking now.