Job Search Theory to Unemployment
Answer any three (3) of the following four (4) questions in any order that you wish. If you submit four (4) questions, the first four (4) answers in order will be marked.
- Explain the “JOB SEARCH THEORY” and its relevance to unemployment. How would an increase in Employment Insurance benefits affect the Job Search Theory?
- Define the five labour market themes from the twentieth century in Canada. Explain how two of these themes evolved over the past 120 years.
- Explain the effect of wage elasticity of demand on unionization. What effect would improved technology have on unions and unionized workers?
- Explain why and how a company must make the decision to either employ workers or contract out labour services. How would legislation to enforce mandatory minimum paid sick leave affect the choic