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Job Vacancy Rates in the Firm: An Empirical Analysis

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Author Info
Harry J. Holzer

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Abstract

In this paper I present some evidence on the magnitudes and determinants of job vacancy rates at the firm level. The data are from a survey of firms in 1980 and 1982, as well as from 1980 Census data on industry and local area characteristics. The results show that overall job vacancy rates are low but there is substantial variation across firms, occupations, industries, and local areas. Unemployment rates, either local or aggregate, have negative effects on vacancy rates while average industry skill levels have positive effects, thus indicating the importance of the firm's demand for skills. Large and/or unionized firms have relatively low vacancy rates, which also account for the low vacancy rates of high-wage firms; and firms with high turnover and recent sales growth have higher vacancy rates. Thus, a variety of market conditions and firm characteristics influence vacancy rates at the firm level.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 3524.

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Date of creation: Dec 1990
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Handle: RePEc:nbr:nberwo:3524

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Albrecht, James W & Axell, Bo, 1984. "An Equilibrium Model of Search Unemployment," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 824-40, October. [Downloadable!] (restricted)
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  2. Barron, John M & Bishop, John & Dunkelberg, William C, 1985. "Employer Search: The Interviewing and Hiring of New Employees," The Review of Economics and Statistics, MIT Press, vol. 67(1), pages 43-52, February. [Downloadable!] (restricted)
  3. Harry J. Holzer, 1988. "Structural/Frictional and Demand-Deficient Unemployment in Local Labor Markets," NBER Working Papers 2652, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. repec:fth:coluec:452 is not listed on IDEAS
  5. Hosios, Arthur J, 1990. "Factor Market Search and the Structure of Simple General Equilibrium Models," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 325-55, April. [Downloadable!] (restricted)
  6. McKinley L. Blackburn & David E. Bloom & Richard B. Freeman, 1989. "The Declining Economic Position of Less-Skilled American Males," NBER Working Papers 3186, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  7. Harry J. Holzer, 1990. "Wages, Employer Costs, and Employee Performance in the Firm," NBER Working Papers 2830, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  8. Holzer, Harry J & Katz, Lawrence F & Krueger, Alan B, 1991. "Job Queues and Wages," The Quarterly Journal of Economics, MIT Press, vol. 106(3), pages 739-68, August. [Downloadable!] (restricted)
  9. Cragg, John G, 1971. "Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods," Econometrica, Econometric Society, vol. 39(5), pages 829-44, September. [Downloadable!] (restricted)
  10. Sattinger, Michael, 1990. "Unemployment, the Market for Interviews, and Wage Employment," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 356-71, April. [Downloadable!] (restricted)
  11. Hansen, Bent, 1970. "Excess Demand, Unemployment, Vacancies, and Wages," The Quarterly Journal of Economics, MIT Press, vol. 84(1), pages 1-23, February. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Alan Manning, 1999. "Pretty Vacant: Recruitment in Low Wage Labour Markets," CEP Discussion Papers dp0418, Centre for Economic Performance, LSE. [Downloadable!]
    Other versions:
  2. R. Jason Faberman, 2005. "Studying the Labor Market with the Job Openings and Labor Turnover Survey," Working Papers 388, U.S. Bureau of Labor Statistics. [Downloadable!]
  3. H. J. Holzer, . "Employer Demand for Welfare Recipients and the Business Cycle: Evidence from Recent Employer Surveys," Institute for Research on Poverty Discussion Papers 1185-99, University of Wisconsin Institute for Research on Poverty. [Downloadable!]
    Other versions:
  4. Uschi Backes-Gellner, 2004. "Personnel Economics: An Economic Approach to Human Resources Management," Working Papers 0050, University of Zurich, Institute for Strategy and Business Economics (ISU), revised Apr 2004. [Downloadable!]
    Other versions:
  5. Noritaka Kudoh & Masaru Sasaki, 2007. "Employment and Hours of Work," Discussion Papers in Economics and Business 07-35, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP). [Downloadable!]
    Other versions:
  6. Broersma, L., 1996. "Are large firms more efficient in matching jobs to job searchers than small firms?," Serie Research Memoranda 0010, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
  7. Michele Pellizzari, 2005. "Employers' Search and the Efficiency of Matching," IZA Discussion Papers 1862, Institute for the Study of Labor (IZA). [Downloadable!]
  8. Uschi Backes-Gellner & Simone Tuor, 2007. "Avoiding Labor Shortages by Employer Signaling - On the Importance of Good Work Climate and Labor Relations," Economics of Education Working Paper Series 0010, University of Zurich, Institute for Strategy and Business Economics (ISU). [Downloadable!]
    Other versions:
  9. H. J. Holzer, . "Why do small establishments hire fewer blacks than large ones," Institute for Research on Poverty Discussion Papers 1119-97, University of Wisconsin Institute for Research on Poverty. [Downloadable!]
  10. Harry J. Holzer & Michael A. Stoll, 2000. "Employer Demand for Welfare Recipients By Race," JCPR Working Papers 197, Northwestern University/University of Chicago Joint Center for Poverty Research.
    Other versions:
  11. Morissette, René & Zhang, Xuelin, 2001. "Which Firms Have High Job Vacancy Rates in Canada?," Analytical Studies Branch Research Paper Series 2001176e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
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