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No longer qualified?: changes in the supply and demand for skills within occupations

Although labor market 'mismatch' often refers to an imbalances in supply and demand across occupations, mismatch wi ... Show more
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 in employer education and skill requirements using a database of 200 million U.S. online job postings between 2007 and 2019. We find that the degree of persistence in educational upskilling lasted longer than was previously known and was not uniform but rather varied considerably across occupations and was often coupled with an increased demand for software skills. We also find evidence that upskilling contributed to reduced matching efficiency in certain segments of the US labor market as well as in the aggregate. In particular, matching efficiency was lower in higher-skilled occupations, potentially because they are becoming more specialized, and possibly explaining growing wage polarization and inequality.
Published abstract reprinted by permission of the copyright owner. Show less

Authors: Modestino, Alicia Sasser; Burke, Mary A.; Sadighi, Shahriar; Sederberg, Rachel ... [+] Show more

Date: 2023

Geographic subjects: United States; North America

Resource type: Report, paper or authored book

Series name: IZA discussion paper

Subjects: Labour market; Skills and knowledge; Industry ... [+] Show more
APEC closing the digital skills gap report: trends and insights: perspectives on the supply and demand of digital skills and degree of digitalization

This report builds upon the [Asia-Pacific Economic Cooperation] APEC Roadmap to Closing the Digital Skills Gap by 2 ... Show more
This report builds upon the [Asia-Pacific Economic Cooperation] APEC Roadmap to Closing the Digital Skills Gap by 2030, which was endorsed by the [Human Resources Development Working Group] HRDWG in September 2019, and which lays out a common definition of digital skills, sets aspirational targets, and details APEC-wide actions on a multi-stakeholder basis (governments, employers, and academia) to closing the digital skills gap and achieve lifelong employability. In the report, Burning Glass Technologies and LinkedIn provide insightful analysis and useful data to help APEC economies better understand the digital skills gap. In particular, this report helps APEC member economies, employers, and academia understand their levels of preparedness for jobs in the digital age and to support efforts to upskill and reskill workers amidst [Coronavirus Disease 2019] COVID-19.
Edited excerpt from publisher's website. Show less

Authors: Taska, Bledi; O'Kane, Layla; Sederberg, Rachel; Nitschke, Julia ... [+] Show more

Date: 2020

Geographic subjects: Asia; Oceania

Resource type: Report, paper or authored book

Subjects: Workforce development; Skills and knowledge; Labour market ... [+] Show more

No longer qualified?: changes in the supply and demand for skills within occupations

APEC closing the digital skills gap report: trends and insights: perspectives on the supply and demand of digital skills and degree of digitalization