For business and academic settings, this usually calls for a tailored business suit. Dress conservatively; try to convey an aura of quiet competence and reliability. Above all, try to look mousey and no trouble potential. Many men are intimidated by take-charge women, who they perceive as bossy. Instead, in choosing your ensemble, think of what kind of image the employer wishes to convey. As a new hire, you are expected to contribute to the planned impression management of the company, its desired image.
However, certain types of settings might call for more ostentation. Perhaps a position as a server in a breastaurant or as a receptionist for a with-it Silicon Valley company. And occasionally this might work when applying for a realtor's position, if you specialize in renting apartments to fraternity guys.
Finally, this sort of interview dress might be effective in seeking employment with a civil engineering firm. They tend naturally to gravitate towards problems involving forces and stresses.