Recruiting Intensity during and after the Great Recession: National and Industry Evidence
Steven Davis, John Haltiwanger and Jason Faberman
,
3
(
102
)
American Economic Review
584-588
May
2012
Abstract
We measure job-filling rates and recruiting intensity per vacancy at the national and industry levels from January 2001 to September 2011 using data from the Job Openings and Labor Turnover Survey. Industry-level movements in these variables are at odds with implications of the standard matching function in labor search theory but consistent with a generalized function that incorporates an important role for recruiting intensity.