What is an employment exchange? How does it help the organization…

Question

What is an employment exchange? How does it help the organization?

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Answer

Through employment exchange:

Unemployed people register themselves in public and private employment exchanges. These exchanges prepare a database of all such people.
The database contains details such as name, address, qualifications, experience, skills, etc.
The organizations can approach these employment exchanges and obtain the list of candidates that can fit into the job.
The organizations then contact suitable candidates and calls for recruiting them.

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