4. Sectoral shifts, frictional unemployment, and job searches The Suppose the world price of steel falls substantially. The demand for labor among steel-producing firms in Pennsylvania will The temporary unemployment demand for labor among automobile-producing firms in Michigan, for which steel is an input, will resulting from such sectoral shifts in the economy is best described as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Improving a widely used job-search website so that it matches workers to job vacancies more effectively Taxing the price of placing a resume or posting a job opening on a job-search website Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government

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4. Sectoral shifts, frictional unemployment, and job searches
. The
Suppose the world price of steel falls substantially. The demand for labor among steel-producing firms in Pennsylvania will
The temporary unemployment
demand for labor among automobile-producing firms in Michigan, for which steel is an input, will
resulting from such sectoral shifts in the economy is best described as
unemployment.
Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that
apply.
Improving a widely used job-search website so that it matches workers to job vacancies more effectively
Taxing the price of placing a resume or posting a job opening on a job-search website
Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government
Transcribed Image Text:4. Sectoral shifts, frictional unemployment, and job searches . The Suppose the world price of steel falls substantially. The demand for labor among steel-producing firms in Pennsylvania will The temporary unemployment demand for labor among automobile-producing firms in Michigan, for which steel is an input, will resulting from such sectoral shifts in the economy is best described as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Improving a widely used job-search website so that it matches workers to job vacancies more effectively Taxing the price of placing a resume or posting a job opening on a job-search website Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government
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