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Graduate Unemployment and the Job Search Process: A Theoretical and Emprical Analysis from a Developing Country

Sola Fajan
Indian Journal of Industrial Relations
Vol. 26, No. 4 (Apr., 1991), pp. 367-383
Stable URL: http://www.jstor.org/stable/27767168
Page Count: 17
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Graduate Unemployment and the Job Search Process: A Theoretical and Emprical Analysis from a Developing Country
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Abstract

By examining the unemployment experience of graduate workers, this paper provides some data to test the two-sector model of job search in the light of the unemployment situation in less developed countries (Idcs). It was found that far from remaining openly unemployed in the urban labour market, graduate job seekers participate in the informal sector sooner than is being suggested by the job search model. The decision pertaining to which sector to search for job is found to be more likely guided by the expected earnings in the informal sector as well as the probability of securing a job in the formal sector.

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