2min chapter

VoxTalks Economics cover image

S7 Ep49: Young, educated, and unemployed

VoxTalks Economics

CHAPTER

Understanding Labor Market Frictions and Unemployment Rates for Graduates

This chapter examines how labor market frictions contribute to higher unemployment rates among college graduates due to skill mismatches. It highlights the nuanced relationship between these frictions and the wages of skilled workers, emphasizing the complexities of the labor market.

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