We conduct a résumé audit to estimate the impact of unemployment and underemployment on the employment prospects facing recent college graduates. We find no evidence that employers use current or past unemployment spells, regardless of their length, to inform hiring decisions. By contrast,...

We present experimental evidence from a correspondence test of racial discrimination in the labor market for recent college graduates. Online job advertisements were answered with over 9,000 résumé s from fictitious, recently-graduated job seekers. We find strong evidence of differential...