Job search in the presence of a stressor: Does financial hardship change the effectiveness of job search?
Journal Publication ResearchOnline@JCUAbstract
Following a group of 2,973 Australian unemployed job seekers over time, we confirm predictions from Self-Determination Theory, Conservation of Resources Theory and Scarcity Theory that the presence of financial hardship during job search adversely affects job search quality and subsequently job search effectiveness (measured one year later). We show the importance in labor market research of controlling for a range of confounding factors including the impact of financial hardship on job search intensity. The implemented controls allow more precise inferences of the effect of financial hardship on job search quality/effectiveness, than so far achieved in this emerging body of literature.
Journal
Journal of Economic Psychology
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Volume
90
ISBN/ISSN
1872-7719
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Pages Count
14
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Publisher
Elsevier
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EISSN
N/A
DOI
10.1016/j.joep.2022.102508