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Which of the following statements is true about skills shortages? They are leading to increased compensation to attract good employees. People are overqualified for jobs

Which of the following statements is true about skills shortages?

They are leading to increased compensation to attract good employees.

People are overqualified for jobs and cannot be hired as they expect high compensation.

People do not want to apply for jobs that require specific skills.

They occur because there are too few people in the labor market.

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