Internet job search and unemployment Essay Example | Topics and Well Written Essays - 750 words

Internet trouble search and unemployment - Essay ExampleThe advantages of internet barter sites are two folds. It benefits the job seekers as well as the employers (Lucas, 2012). The job seekers can easily access the information of recruitments in various organizations and select the organization of their natural selection where they want to apply. On the sepa count hand the employers have the luxury to select the best brains. Researcher ThoughtsThe turbulence on the world economy in the recent times has forced the rate of unemployment to take the steep rising curve. The situation is more or less the same for most of the countries. The job market got hit the hardest since the impact of the financial distress. The take aim of unemployment in United States remained at the high level last year despite attempts made by the Obama g overnment to open up new job opportunities. The new study conducted by University of Colorado revealed that use of internet to find the objurgate job is beneficial in the job searching process. The research manifold in the survey found that use of internet to seek employment reduces the amount spent to look out for employment through other sources. simply there exists some other researches that contradict the survey. In the year 2004 some researchers came up with the findings of two kinds of scenarios. They found that internet was not an effective tool in job searching process and the people who looked to search jobs online were not as qualified. But the effect of globalization and technological advancements internet has entered into the living rooms of the society. The websites on job searches have improved in due course of time. In recent times the employers are taking the initiative to provide detailed job listings and information on available positions on the job search engines which eases up the process between the employer and the job seeker (Goess, 2011). The change has been overwhelming with significant improvements over t he period while the penetration of internet acted to be the catalyst. The introduction of social media has dramatically changed the way people land up their jobs. The social networking sites namely twitter, facebook or Linkedin are the platforms to connect with others in person or with specific industry. The online platforms in most cases play the primary role in how the job seeker gets committed with the employer regarding the job opening. There is a dark side as well. The invention of social media can harm the efforts of job seekers. The search theory can be applied in labor economics with the aim to analyze the frictional unemployment resulting from job hunting by the job seekers. From the perspective of job seekers an acceptable cater is one that provides high wage along with additional benefits and also provides safe working conditions. The theory studies the optimal strategy of the job seekers to choose the job of right quality from the available opportunities and optimize th e decision making process. The job sites presents all the available positions on one window and therefore the job seekers have the choice to choose their platter and take the right decision at the right time but the question arises will the job sites be able to entertain and have long term impacts upon the level of unemployment. Policy makers have came up with many tools so as to take care of long term unemployment problem. tho researchers argue can the