Structural Increases in Skill Demand after the Great Recession

Peter Q. Blair and David Deming

No 26680, NBER Working Papers from National Bureau of Economic Research, Inc

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: J23 J24 (search for similar items in EconPapers)
Date: 2020-01
New Economics Papers: this item is included in nep-hrm
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Published as Peter Q. Blair & David J. Deming, 2020. "Structural Increases in Demand for Skill after the Great Recession," AEA Papers and Proceedings, vol 110, pages 362-365.

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