The introduction of job protection regulation may change the dynamic of the labour market and it is all over easier for a job seeker to find a job, and likewise, for an employer to find an employee is true for potential cost or benefit of a dynamic labour market
In a dynamic labour market:
- The implementation of job protection regulations could alter the labour market's dynamics. this is due to the restrictions on job protection interfering with the regular operation of a dynamic labour market.
- Finding a job in a competitive labour market may be both simple and challenging for both employed and unemployed people.
- Unemployment lasts longer than typical in a labour market that is active. this is due to the effective interaction between employed and jobless people (job searchers and job providers) in such a market. hence decreasing unemployment.
- This is accurate in a competitive job market when there are long lines for both employers and employees.
Therefore, the introduction of job protection regulation may change the dynamic of the labour market and it is all over easier for a job seeker to find a job, and likewise, for an employer to find an employee.
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