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Frictional Unemployment Is Often Thought to Explain Relatively Short Spells

question 361

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Frictional unemployment is often thought to explain relatively short spells of unemployment.


Definitions:

Reference Checks

Reference Checks are the process of contacting previous employers, colleagues, or other references provided by a candidate to verify their qualifications and suitability for a job.

Organizations

Groups or entities that are structured and managed to meet a particular purpose or set of goals, including companies, government agencies, and non-profits.

Successful Selection System

A reliable and valid process employed by organizations to identify candidates most likely to perform well in a job.

Job Performance

The extent to which an employee successfully fulfills the roles, duties, and responsibilities associated with their job position.

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