More people would work if jobs were easy to find - but they do not search when work is scarce. Workers calculate the probability of finding a job in relation to the wage they are likely to get and conclude that the effort is not worthwhile.
See also:
Based on the glossary section of Human Resource Management, 4th edition.
HRM Textbooks
Human Resource Management, 4th edition
by Alan Price
Covers all the key aspects of HRM. Available from:
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Fundamentals of Human Resource Management
Shortened version of Human Resource Management - concise analysis for non-specialists and one-semester courses.
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