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Human Capital – The Employment Trade (55 mn)

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Because of the globalisation of the world market, public employment exchanges face more and more impossible tasks, while the private recruitment agencies are becoming more professional. In spite of the 5 1/2 million unemployed in Germany, 1 1/2 million employment positions are unfilled. A large part of the unemployment problem is a problem of recruitment. Although half of longtime unemployed individuals have limited qualifications, one third of businesses do have open positions which don’t need more qualifications than these unemployed have.

Employment - Robert Cibis - capitalism

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