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How Long Do Unemployed Workers Search For A Job?

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  • Matthew S. Rutledge

Abstract

The brief’s key findings are: The Great Recession threw many older individuals out of work, so it is important to understand their job search activity. The results show little tolerance for a lengthy search; the vast majority either find a job or exit the labor force within a year. Those with financial resources, such as Social Security, leave even sooner. Interestingly, the strength of the local labor market does not seem to have much impact on the duration of job search.

Suggested Citation

  • Matthew S. Rutledge, 2014. "How Long Do Unemployed Workers Search For A Job?," Issues in Brief ib2014-3, Center for Retirement Research.
    • Handle: RePEc:crr:issbrf:ib2014-3
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    File URL: http://crr.bc.edu/wp-content/uploads/2014/01/IB_14-3.pdf
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    References listed on IDEAS

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    1. Alicia H. Munnell & Mauricio Soto & Robert K. Triest & Natalia A. Zhivan, 2008. "How Much Do State Economics and Other Characteristics Affect Retirement Behavior?," Working Papers, Center for Retirement Research at Boston College wp2008-12, Center for Retirement Research, revised Sep 2008.
    2. Jesse Rothstein, 2011. "Unemployment Insurance and Job Search in the Great Recession," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 42(2 (Fall)), pages 143-213.
    3. Coile, Courtney C. & Levine, Phillip B., 2007. "Labor market shocks and retirement: Do government programs matter?," Journal of Public Economics, Elsevier, vol. 91(10), pages 1902-1919, November.
    4. Matthew S. Rutledge, 2013. "Point of No Return: How Do Financial Resources Affect the Timing of Retirement After a Job Separation?," Working Papers, Center for Retirement Research at Boston College wp2013-21, Center for Retirement Research.
    5. Matthew S. Rutledge, 2016. "How Do Financial Resources Affect the Timing of Retirement after a Job Separation?," ILR Review, Cornell University, ILR School, vol. 69(5), pages 1249-1279, October.
    6. Richard W. Johnson & Barbara Butrica, 2012. "Age Disparities in Unemployment and Reemployment During the Great Recession and Recovery," Issue Briefs 2012-03, Urban Institute, Program on Retirement Policy.
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    Cited by:

    1. Hila Axelrad & Israel Luski & Miki Malul, 2017. "Reservation Wages and the Unemployment of Older Workers," Journal of Labor Research, Springer, vol. 38(2), pages 206-227, June.
    2. Ewa Galecka-Burdziak & Marek Góra, 2017. "“How do unemployed workers behave prior to retirement? A multi-state multiple-spell approach”," CeRP Working Papers 170, Center for Research on Pensions and Welfare Policies, Turin (Italy).
    3. Alan L. Gustman & Thomas L. Steinmeier & Nahid Tabatabai, 2015. "The Great Recession, Retirement and Related Outcomes," NBER Working Papers 20960, National Bureau of Economic Research, Inc.

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