Do firms lack information about their own labor market?
Do firms lack information about their own labor market?
Many employers report persistent hiring difficulties, with vacancies remaining unfilled for extended periods. A potential mechanism is imperfect employer information about local labor-market conditions and the determinants of applicant supply. Empirical evidence on such information deficits is limited, though they are likely to be especially prevalent among firms with limited hiring experience.
The project, conducted in collaboration with AMS Lower Austria, examines recruitment practices among AMS-advised firms and evaluates whether additional labor-market information supports more efficient vacancy filling. Core components include:
Use of AMS and social-insurance data to document recruitment patterns, quantify AMS’s contribution to successful matches and document the degree of deviations from CBA wages in job postings.
A survey of AMS firm counsellors to assess their perceptions of local labor markets, firm information deficiencies and advisory practices.
A pilot intervention that provides firms with low-threshold labor-market information to test whether targeted information provision improves job postings and hiring outcomes.
The project is funded by the Anniversary Fund of the Austrian National Bank (OeNB).
Project Leads
Researchers
Marina Schwab
Research Assistance
Jamila Mayer
Andrea Buchacher (2024-25)
Contact: sfu-studie-fiwi@uibk.ac.at
In collaboration with a major French job board, and together with Roland Rathelot (ENSAE, IP Paris, CREST) and Mattis Gilbert (Sciences Po), we analyze a randomized experiment that provides recruiters with localized wage information at the moment they post a vacancy. An interactive tool developed by the job board shows where a proposed wage lies within the local distribution of posted wages.
The project identifies how misinformation affects wage setting and job matching. It complements the Austrian project by supplying information at a different stage of the hiring process and in a different labor market, thus increasing the external validity of the research.
Details and registration: https://www.socialscienceregistry.org/trials/16840.
From 19 to 21 May 2025, we hosted the first HiJoS (Hiring and Job Search) Workshop at Seehof Innsbruck.
The event brought together leading labor economists from across Europe and the United States to discuss current empirical and experimental work on hiring, job search, and informational frictions in labor markets.
The second edition of the HiJoS workshop will be held in Paris from 11 to 13 May 2026.
Some impressions from the 2025 workshop:
The project is funded by the Anniversary Fund of the Austrian National Bank (OeNB).
Project #: 18835
Duration: 2023 - 27