SOALAN/QUESTION 3 (20 MARKAH/MARKS)

Berikut ialah situasi pasaran buruh bagi Negara XXX.

"Terdapat peningkatan bilangan kemasukan ke dalam pasaran buruh di Negara XXX sekitar bulan Oktober di mana pada tempoh ini para graduan baharu sahaja menghabiskan pengajian mereka dan sedang mencari pekerjaan. Persaingan sengit ditambah dengan ketiadaan agensi yang membantu mereka mencari pekerjaa yang sesuai; menyebabkan mereka mengahadapi kesukaran mendapatkan pekerjaan. Pada masa yang sama, kerajaan juga mengumumkan yang faedah pengangguran juga telah dikurangkan.

Berdasarkan situasi pasaran buruh di atas, jelaskan bagaimana ciri-ciri pasaran ini memberi kesan terhadap kadar pengangguran semulajadi di Negara XXX.

The following is the labor market situation in Country XXX.

"There is an increase in the numbers of entrant into the labor market in Country XXX around October as the new graduates who have just finished their studies are looking for jobs. Stiff competition added by the absence of an agency which can help these graduates find suitable jobs make it difficult for them to grab a job. At the same time, the government also announced that it has reduced the unemployment benefits.

Based on the above labor market situation, explain how the characteristics of this market affect the natural rate of unemployment in Country XXX.