Skill Distance Between Occupations and Post‑Training Professional Transitions of Jobseekers

Distance entre métiers et transitions professionnelles des demandeurs d’emploi après une formation

Kevin Frick, Yagan Hazard, Damien Mayaux and Thomas Zuber ()
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Kevin Frick: TSE-R - Toulouse School of Economics - UT Capitole - Université Toulouse Capitole - Comue de Toulouse - Communauté d'universités et établissements de Toulouse - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Yagan Hazard: Collegio Carlo Alberto - UNITO - Università degli studi di Torino = University of Turin, ESOMAS - Department of Economics and Statistics - UNITO - Università degli studi di Torino = University of Turin
Damien Mayaux: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - ENPC - École nationale des ponts et chaussées - IP Paris - Institut Polytechnique de Paris
Thomas Zuber: Banque de France

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: Does vocational training help correct structural imbalances in the labour market? We propose a new measure of the skills distance between occupations, obtained by fine-tuning a large language model on a sample of job offers. Using this method, we demonstrate that the "return to employment" differential between jobseekers with and without training is driven by a reallocation of workers towards occupations that are very different from their previous posts in terms of the skills required. From a purely reallocative perspective, however, the return to employment differential associated with vocational training does not appear to be driven by more jobseekers moving to occupations where employers are struggling to recruit.

Keywords: Skills; Training; Compétences structural imbalance; Formation; Déséquilibre structurel (search for similar items in EconPapers)
Date: 2025-12-11
Note: View the original document on HAL open archive server: https://insee.hal.science/hal-05415743v1
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Published in Economie et Statistique / Economics and Statistics, 2025, 547, pp.51-69. ⟨10.24187/ecostat.2025.547.2138⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:hal-05415743

DOI: 10.24187/ecostat.2025.547.2138

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