Sasser, Alicia; Shoag, Daniel W.; Ballance, Joshua - 2016 - This version: July 2016
Using a novel database of 82.5 million online job postings, we show that employer skill requirements fell as the labor market improved from 2010 to 2014. We find that a 1 percentage point reduction in the local unemployment rate is associated with a roughly 0.27 percentage point reduction in the...