Structural Increases in Skill Demand after the Great Recession
13 Pages Posted: 22 Jan 2020 Last revised: 27 May 2023
Date Written: January 2020
Abstract
In this paper we use detailed job vacancy data to estimate changes in skill demand in the years since the Great Recession. The share of job vacancies requiring a bachelor’s degree increased by more than 60 percent between 2007 and 2019, with faster growth in professional occupations and high-wage cities. Since the labor market was becoming tighter over this period, cyclical “upskilling” is unlikely to explain our findings.
Suggested Citation: Suggested Citation
Blair, Peter Q.. and Deming, David, Structural Increases in Skill Demand after the Great Recession (January 2020). NBER Working Paper No. w26680, Available at SSRN: https://ssrn.com/abstract=3522329
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