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Title: The Effects of Economic Climate on Job Search
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Branstad, Jennifer |
The Effects of Economic Climate on Job Search Presented: New York NY, American Sociological Association Annual Meeting, August 2013 Cohort(s): NLSY97 Publisher: American Sociological Association Keyword(s): Economics, Regional; Geocoded Data; Geographical Variation; Job Search; Unemployment Rate Permission to reprint the abstract has not been received from the publisher. The reasons why people look for job is a critical, yet understudied, part of understanding job search behaviors. While most research on job search behaviors focuses on how people look for jobs and what search methods are successful, I examine the factors that contribute to the dual decisions of if and how to search. One critical determinant of job search behaviors is the unemployment rate. Changes in the unemployment rate alter the shape of labor queues and therefore should also alter job search behaviors. I examine two measures of job search behaviors, the incidence of search and the extensiveness of search, and two measures of labor market tightness, the local and national unemployment rate. Workers and hopeful workers actively looking for a job should increase the extensiveness of their job searches when the local unemployment rate is high to exploit more avenues of information and increase their likelihood of being matched with an employer. Using data from the NLSY97, I show that young adults do respond to changes in the unemployment rate, but do so in surprising ways. |
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Bibliography Citation
Branstad, Jennifer. "The Effects of Economic Climate on Job Search." Presented: New York NY, American Sociological Association Annual Meeting, August 2013. |