How do businesses recruit?
AbstractMost economic theories of hiring and job seeking assume that businesses post vacancies when they demand more labor. Workers then apply for the job, and the most qualified candidate is hired. However, as those who have ever recruited or applied for a job know, the recruiting process is considerably more complex. In this article, Jason Faberman discusses some recent research on how employers recruit. It shows that the extent to which a business uses various recruiting channels depends on the characteristics of the employer, how fast the employer is growing (or contracting), and the overall state of the economy.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Philadelphia in its journal Business Review.
Volume (Year): (2011)
Issue (Month): Q4 ()
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- Shigeru Fujita & Garey Ramey, 2007.
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07-19, Federal Reserve Bank of Philadelphia.
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NBER Working Papers
12853, National Bureau of Economic Research, Inc.
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09-14, Federal Reserve Bank of Philadelphia.
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- Jed Devaro, 2005. "Employer Recruitment Strategies and the Labor Market Outcomes of New Hires," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 43(2), pages 263-282, April.
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