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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....
Persistent link: https://www.econbiz.de/10010499742
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...
Persistent link: https://www.econbiz.de/10012224850
Although labor market "mismatch" often refers to an imbalances in supply and demand across occupations, mismatch within occupations can arise if skill requirements are changing over time, potentially reducing aggregate matching efficiency within the labor market. To test this, we examine changes...
Persistent link: https://www.econbiz.de/10014419499
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The Great Recession and subsequent recovery have been particularly painful for low-skilled workers. From 2007 to 2012, the unemployment rate rose by 6.4 percentage points for noncollege workers while it rose by only 2.3 percentage points for the college educated. This differential impact was...
Persistent link: https://www.econbiz.de/10012990011
This paper estimates the causal effect of recruitment competition on the labor demand for high-skilled foreign workers. I assemble a new data set, combining a firm-level panel of all Labor Condition Applications (LCAs) submitted as a first step to obtaining H-1B visas between 2010 and 2019 with...
Persistent link: https://www.econbiz.de/10014420534
A country that experiences a shortage of workers with particular skills naturally considers two responses: import skills or produce them. Skill import may result in large-scale migration, which will not be to the liking of the natives. Skill production will require financial incentives, which...
Persistent link: https://www.econbiz.de/10011931033
Under innovation-induced growth, industry upgrading depends on skilled worker and its allocation efficiency.However,Incomplete market including monopoly and unbalanced industry impeled skilled worker to flow into rent-seeking departments,which caused skill misallocation across sectors,and thus...
Persistent link: https://www.econbiz.de/10014262507
We document for a broad panel of advanced economies that increases in GDP per capita are associated with a shift in the composition of value added to sectors that are intensive in high-skill labor. It follows that further development in these economies leads to an increase in the relative demand...
Persistent link: https://www.econbiz.de/10013022602