How do businesses recruit?
Most 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.
Volume (Year): (2011)
Issue (Month): Q4 ()
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References listed on IDEAS
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- Steven J. Davis & R. Jason Faberman & John C. Haltiwanger, 2010.
"The Establishment-Level Behavior of Vacancies and Hiring,"
NBER Working Papers
16265, National Bureau of Economic Research, Inc.
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- Gary Solon & Ryan Michaels & Michael W. L. Elsby, 2009.
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- Shigeru Fujita & Garey Ramey, 2007.
"The cyclicality of separation and job finding rates,"
07-19, Federal Reserve Bank of Philadelphia.
- Shigeru Fujita & Garey Ramey, 2009. "The Cyclicality Of Separation And Job Finding Rates," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(2), pages 415-430, 05.
- Barnichon, Regis, 2010. "Building a composite Help-Wanted Index," Economics Letters, Elsevier, vol. 109(3), pages 175-178, December.
- Shigeru Fujita, 2007. "What do worker flows tell us about cyclical fluctuations in employment?," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 1-10.
- Jed Devaro, 2005. "Employer Recruitment Strategies and the Labor Market Outcomes of New Hires," Economic Inquiry, Western Economic Association International, vol. 43(2), pages 263-282, April.
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