Arbeitspapier

Upskilling: Do employers demand greater skill when skilled workers are plentiful?

Using a large database of online job postings, we demonstrate that employee skill requirements rise when there is a larger supply of relevant job seekers. We identify this effect using variation across time, occupations, and places, which allows us to control for potentially confounding factors. We further exploit the natural experiment arising from troop withdrawals from Iraq and Afghanistan over this period as a shock to local, occupation-specific labor supply. Our estimates imply that the increase in national unemployment rates from 2007 to 2010 increased requirements for a bachelor's degree within occupations by 2.2 percentage points and increased the fraction requiring two or more years of experience by 3.5 percentage points.

Sprache
Englisch

Erschienen in
Series: Working Papers ; No. 14-17

Klassifikation
Wirtschaft
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
Labor Turnover; Vacancies; Layoffs
Thema
upskilling
middle skills
vacancies
labor demand
employer search

Ereignis
Geistige Schöpfung
(wer)
Sasser Modestino, Alicia
Shoag, Daniel
Ballance, Joshua
Ereignis
Veröffentlichung
(wer)
Federal Reserve Bank of Boston
(wo)
Boston, MA
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sasser Modestino, Alicia
  • Shoag, Daniel
  • Ballance, Joshua
  • Federal Reserve Bank of Boston

Entstanden

  • 2014

Ähnliche Objekte (12)