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Thursday, July 26, 2012

Are The Problems In The Employment Sector Structural? - Seeking Alpha

Are The Problems In The Employment Sector Structural? - Seeking Alpha
New research from University of Chicago Professor Steven J. Davis, Chicago Fed Economist R. Jason Faberman, and University of Maryland Professor John C. Haltiwanger (2012) suggests that firms are not pursuing workers with the same motivation that they did prior to the Great Recession. Therefore, their contention is that the Beveridge Curve has shifted not because of structural unemployment, but because firms are not in a hurry to fill their job openings.
==> This is because of nepotism and the fact that a young manager that is given a job by his uncle, tends to look for hot-looking chicks or guys that are attractive to him, and thus the traditional process of seeking employment is being distorted by a new social dating practice related to sex; perhaps this is how it always been ...

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