The Internet Has Made Some Types of Job Searches a Little

question 94

Essay

The Internet has made some types of job searches a little bit easier because a number of websites post job vacancies. How is this likely to affect frictional unemployment, structural unemployment, cyclical unemployment, and the natural unemployment rate?

---

Definitions:

Bonds Payable

A long-term debt instrument issued by a company to investors, representing the amount it is obligated to pay back with interest.

Fair Value

A market-based measurement that reflects the amount for which an asset could be exchanged or a liability settled between knowledgeable, willing parties.

Pre-Tax Profit

The profit earned by a business before any tax is deducted.

Intercompany Sales

Transactions of goods or services between divisions or subsidiaries within the same parent company.