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)
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Federal Reserve Bank of Boston
- (wo)
-
Boston, MA
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Sasser Modestino, Alicia
- Shoag, Daniel
- Ballance, Joshua
- Federal Reserve Bank of Boston
Entstanden
- 2014