Suppose a school needs to hire 2 new teachers, but there are 20 recent college graduates hoping to get a teaching job at that's cool. What is the sending sample of one job surplus? Two job shortage , three economy for expectation
One job surplus means that there are more candidates (in this case, recent college graduates) than available positions (2 teacher positions). This results in competition among the candidates for the limited number of job openings.
A two job shortage means that there are not enough positions available to accommodate all of the candidates. In this case, the school only needs to hire 2 teachers, but there are 20 candidates looking for teaching jobs. This results in disappointment for some candidates who are not able to secure a job.
A three economy for expectation means that the job market is uncertain and unpredictable. With 20 candidates competing for 2 positions, there is a high level of uncertainty regarding who will be hired and what the outcome will be for the candidates who are not selected. This creates a tense and competitive atmosphere among the job seekers.