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How low-cost labour market information benefits job seekers

Belot, Michèle, Kircher, Philipp, Muller, Paul, (2016), “How low-cost labour market information benefits job seeker”, Voxeu, 10 March.

Not much is known about the value of simply advising job seekers on what types of jobs to search for. This column investigates whether the search behaviour and job prospects of the unemployed are affected by providing low-cost personalised labour market information on potential alternative occupations. The results of a randomised trial show that personalised suggestions not only lead to a ‘broader’ search strategy, but also increase the number of interviews, particularly for job seekers that search narrowly.

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