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Job search and hiring with two-sided limited information about workseekers’ skills

Type:
Document
Content Type:
Job search and hiring with two-sided limited information about workseekers’ skills
Language:

English

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english
Identifier
skpEng
Sources:

International organizations

Information is gathered from other international organizations that promote skills development and the transition from education and training to work. The Interagency Group on Technical and Vocational Education and Training (IAG-TVET) was established in 2009 to share research findings, coordinate joint research endeavours, and improve collaboration among organizations working at the international and national levels.

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Identifier
skpIntOrg
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international-organizations
Topics:

Career guidance and employment services

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Career guidance and counselling, career education and lifelong development of skills for employability are key for success in learning activities, effective career transitions, livelihood planning, entrepreneurship and in increasing labour market participation. They are instrumental in promoting skills utilization, recognition (RPL), as well as in improving enterprise human resource management.

Career development activities encompass a wide variety of support activities including career information and advice, counselling, work exposure (e.g. job shadowing, work experience periods), assessment, coaching, mentoring, professional networking, advocacy, basic and employability skills training (curricular and non-curricular) and entrepreneurship training. It is often an area which is fragmented across different ministries (e.g. education, TVET, employment, youth) requiring an effort to achieve the necessary coordination to provide adequate support to individuals during learning, employment and unemployment/inactivity periods.
 

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skpLMIES
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career-guidance-and-employment-services
Knowledge Products:

Research papers

Working papers, reports, and other publications from international organizations, academic institutions and bilateral agencies. Research findings to stimulate informed debate on skills, employment and productivity issues. 

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Identifier
skpRPS
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research-papers
Publication Date:
11 Aug 2020
This paper presents field experimental evidence that limited information about work-seekers’ skills distorts both firm and work-seeker behavior. Assessing work-seekers’ skills, giving work-seekers their assessment results, and helping them to credibly share the results with firms increases work-seekers’ employment and earnings. It also aligns their beliefs and search strategies more closely with their skills. Giving assessment results only to work-seekers has similar effects on beliefs and search, but smaller effects on employment and earnings. Giving assessment results only to firms increases callbacks. These patterns are consistent with two-sided information frictions, a new finding that can inform the design of information-provision mechanisms.
Subject Tags:

Career guidance

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career-guidance
Identifier
640

Job matching

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job-matching
Identifier
649

Labour market information

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labour-market-information
Identifier
684
Regions: