Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This study investigates job search activity in the United States by constructing a set of sectoral job search activity indices based on Internet search volumes. The indices are positively associated with countercyclical labour market measures, including unemployment and layoff rates, but are negatively associated with procyclical measures. Overall, our evidence supports previous empirical findings – job search intensity is countercyclical – which contradicts the theoretical model’s prediction.