Structural Increases in Demand for Skill after the Great Recession

Peter Q. Blair and David Deming

AEA Papers and Proceedings, 2020, vol. 110, 362-65

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.

JEL-codes: E24 E32 I26 J23 J24 J63 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (15)

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DOI: 10.1257/pandp.20201064

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