Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals

David Deming and Lisa Kahn

Working Paper Series from Harvard University, John F. Kennedy School of Government

Abstract: We study variation in skill demands for professionals across firms and labor markets. We categorize a wide range of keywords found in job ads into ten general skills. There is substantial variation in these skill requirements, even within narrowly defined occupations. Focusing particularly on cognitive and social skills, we find positive correlations between each skill and external measures of pay and firm performance. We also find evidence of a cognitive social-skill complementarity for both outcomes. As a whole, the job skills have explanatory power in pay and firm performance regressions, beyond what is available in widely-used labor market data

JEL-codes: F01 F16 (search for similar items in EconPapers)
Date: 2017-04
New Economics Papers: this item is included in nep-cse and nep-tid
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Citations: View citations in EconPapers (24)

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https://research.hks.harvard.edu/publications/getFile.aspx?Id=1542

Related works:
Journal Article: Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals (2018)
Working Paper: Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals (2017)
Chapter: Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:rwp17-022

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