Which of the following describes a job shortage?

A. a job shortage occurs when there is a higher demand for labor than there is for jobs

B. a job shortage occurs when there is a higher demand for jobs than there is for labor

C. a job shortage occurs when there are more jobs than there are applicants

D. a job shortage happens when the economy has a lack of applicants for a job category

Question

Business

Markus Montes

11 September, 19:17

Which of the following describes a job shortage?

A. a job shortage occurs when there is a higher demand for labor than there is for jobs

B. a job shortage occurs when there is a higher demand for jobs than there is for labor

C. a job shortage occurs when there are more jobs than there are applicants

D. a job shortage happens when the economy has a lack of applicants for a job category

+4

Answers (1)

Know the Answer?

Jon Larson · Answer 1

Answer: The answer is B, a job shortage occurs when there is a higher demand for jobs than there is for labor.

Explanation:

During this type of shortage, the types of jobs being offered do not have the workers that are qualified. Skilled workers are needed for various jobs but they are hard to fill since students are going into high powered fields. Some of the industries that need workers are healthcare, hotels, and construction.