Examlex
Match each item with a statement below.
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Surplus Of Workers
A situation in the labor market where the number of individuals looking for employment exceeds the number of available jobs, often leading to higher unemployment rates.
Signaling Theory
A theoretical framework that explains how individuals or entities use certain signals or indicators to show their desirable qualities in various markets, including job and education markets.
Human-Capital Theory
An economic framework that suggests the accumulation of education, training, and health can improve workers' productivity and thus the economic output of a nation.
Human-Capital Theory
The concept suggesting that investing in education and training improves the productivity and efficiency of individuals, making them more valuable to employers and increasing their potential income.
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