Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/227938 
Year of Publication: 
2020
Series/Report no.: 
Working Papers No. 20-3
Publisher: 
Federal Reserve Bank of Boston, Boston, MA
Abstract: 
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.
Subjects: 
labor demand
skills
vacancies
unemployment
firm behavior
JEL: 
D22
E24
J23
J24
J63
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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