Methods of Job Search and their Impact on the Ultimate Success
Keywords:
labour market, unemployment, job search, job search methodsAbstract
Job search models in the labour market treat the job search process as an investment in acquiring information about the possibilities of obtaining employment. Activities undertaken necessitate incurring certain costs and expenditures in order to find the best conditions of employment. In the paper, we attempt to identify the factors affecting the probability of finding work by the unemployed. The study is based on individual data derived from the LFS. We create a panel in which each individual is observed at four moments. Such an approach allows to determine the effect of selected factors on job search and how their impact changes as the search period lengthens. The results show that such characteristics of the respondents as gender, age, marital status, education, professional experience approximated by the length of service and previous occupation, the place of residence and the steps taken to find employment significantly differentiate the probability of finding a job by the unemployed and that the strength of their impact changes with the lengthening of the search period.
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