Arbeitspapier
No longer qualified? Changes in the supply and demand for skills within occupations
Using a novel database of 159 million online job postings, we examine changes in employer skill requirements for education and specific skillsets between 2007 and 2017. We find that upskilling - in terms of increasing demands for bachelor's degrees as well as software skills - was a persistent trend among high-skill occupations, but either a temporary or non-existent phenomenon among middle-skill and low-skill occupations. We also find evidence that persistent upskilling in the high-skill sector contributed to greater occupational mismatch that remained elevated during the recovery from the Great Recession. In contrast, labor market mismatch had largely dissipated within the low-skill and middle-skill sectors by 2017.
- Sprache
-
Englisch
- Erschienen in
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Series: Working Papers ; No. 20-3
- Klassifikation
-
Wirtschaft
Firm Behavior: Empirical Analysis
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
Labor Turnover; Vacancies; Layoffs
- Thema
-
labor demand
skills
vacancies
unemployment
firm behavior
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Burke, Mary A.
Sasser, Alicia
Sadighi, Shahriar
Sederberg, Rachel B.
Taska, Bledi
- Ereignis
-
Veröffentlichung
- (wer)
-
Federal Reserve Bank of Boston
- (wo)
-
Boston, MA
- (wann)
-
2020
- DOI
-
doi:10.29412/res.wp.2020.03
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Burke, Mary A.
- Sasser, Alicia
- Sadighi, Shahriar
- Sederberg, Rachel B.
- Taska, Bledi
- Federal Reserve Bank of Boston
Entstanden
- 2020