No Longer Qualified? Changes in the Supply and Demand for Skills within Occupations Article Swipe
Related Concepts
Supply and demand
Business
Labour economics
Economics
Microeconomics
Mary A. Burke
,
Alicia Modestino
,
Shahriar Sadighi
,
Rachel Sederberg
,
Bledi Taska
·
YOU?
·
· 2020
· Open Access
·
· DOI: https://doi.org/10.29412/res.wp.2020.03
· OA: W3030931575
YOU?
·
· 2020
· Open Access
·
· DOI: https://doi.org/10.29412/res.wp.2020.03
· OA: W3030931575
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.
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