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Labour Market Failures and Immobility by Dunith HA is a document available to read on EtoBox.

There are two main factors that cause labor market failures: geographical and occupational immobility of labor. Geographical immobility occurs when workers cannot easily relocate to find jobs due to lack of information, high costs of moving, and family attachments. This leads to differences in wages between areas and unemployment. Occupational immobility is when workers cannot shift between jobs due to a lack of skills. Both types of immobility limit the ability of firms to expand and find needed workers, r

Author

Dunith HA

Language

EN