Use the flows shown in Figure 12-7 to explain the potential role of online job listings in the economy. In light of our discussion of the determinants of the unemployment rate, how could improved...

Use the flows shown in Figure 12-7 to explain the potential role of online job listings in the economy. In light of our discussion of the determinants of the unemployment rate, how could improved matching of job-seekers and employers through online job listings help? What does the fact that Monster did badly during the 2008–2009 surge in unemployment suggest about the nature of that surge?