Information in the Labor Market

  title={Information in the Labor Market},
  author={G. Stigler},
  journal={Journal of Political Economy},
  pages={94 - 105}
  • G. Stigler
  • Published 1962
  • Economics
  • Journal of Political Economy
rfl9H E young person entering the labor market for the first time has an . immense number of potential employers, scarce as they may seem the first day. If he is an unskilled or a semiskilled worker, the number of potential employers is strictly in the millions. Even if he has a specialized training, the number of potential employers will be in the thousands: the young Ph.D. in economics, for example, has scores of colleges and universities, dozens of governmental agencies, hundreds of business… Expand
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