Problem 14 Goal Alignment at New York City Schools In New Yo

Problem 1-4 Goal Alignment at New York City Schools: In New York City, 1,800 teachers who lost their jobs this year have yet to apply for another job despite the fact there are 1,200 job openings. Why not?

Solution

In New York City, 1,800 teachers who lost their jobs this year have yet to apply for another job despite the fact there are 1,200 job openings.

one of the probable reasons behind this could be the unemployment benefits that those teachers must be getting from the government. If their total utility being unemployed becomes more than the utility being employed, than this provides them with the incentive to not apply to jobs even if the jobs are available.

United States being one of the few countries to provide much larger unemployment benefitss faces such problems in real life.