Optimistic job applicants driven by pay, not WFH, post-pandemic

Dr Rauh has found that while workers are overly optimistic about the probability of receiving a job offer conditional on any search, they perceive the marginal return to additional search hours as positive but comparably low.

“In other words, they are more hopeful than they should be about successfully gaining their next role each time they hunt for a job.” he says. “Meanwhile, they think there is not that much more to be gained from spending a lot more time hunting for a job, than there probably is.”

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