This dissertation studies the search behavior and future labor market outcomes of the unemployed as well as ways to prevent unemployment, and includes the following questions: How do reservation wages of the unemployed evolve over migrant generations? Do economic preferences play a role when analyzing the reemployment probability of unemployed natives and second generation migrants? Does subjective well-being predict future reemployment and affect reentry wages? Do anonymous job applications affect interview invitation probabilities of possibly disadvantaged groups? If migrant and native children shared the same socioeconomic background characteristics, would the native-migrant education gap disappear?