Survey data suggest that unemployed teenagers look for work in ways that differ significantly from the ways which proved successful for teenagers who found work. This paper examines what factors affect the way teenagers look for work in order to explain why we observe this behaviour. We find...

One of the key factors that affects the extent to which changes in labour demand affect other macroeconomic variables, such as wage inflation, is the degree of matching between potential employees and available jobs. The pool of potential employees is usually measured as the pool of unemployed...