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Skill preferences in job postings

Author

Listed:
  • Andrei Ternikov

    (HSE University)

Abstract

This paper investigates the order of skills mentioned in job ads, their frequency, and whether there is a relation between skill groups and salary offered. A novel methodology was used across three job board datasets to demonstrate existing skill preferences in job ads. By identifying skill preferences empirically, the methodology yields valuable insights into the job market.

Suggested Citation

  • Andrei Ternikov, 2023. "Skill preferences in job postings," Economics Bulletin, AccessEcon, vol. 43(4), pages 1928-1943.
  • Handle: RePEc:ebl:ecbull:eb-23-00296
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2023/Volume43/EB-23-V43-I4-P165.pdf
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    References listed on IDEAS

    as
    1. David Deming & Lisa B. Kahn, 2018. "Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals," Journal of Labor Economics, University of Chicago Press, vol. 36(S1), pages 337-369.
    2. Daron Acemoglu & David Autor & Jonathon Hazell & Pascual Restrepo, 2022. "Artificial Intelligence and Jobs: Evidence from Online Vacancies," Journal of Labor Economics, University of Chicago Press, vol. 40(S1), pages 293-340.
    3. David H. Autor & Frank Levy & Richard J. Murnane, 2003. "The skill content of recent technological change: an empirical exploration," Proceedings, Federal Reserve Bank of San Francisco, issue Nov.
    4. Stefano Banfi & Benjamín Villena-Roldán, 2019. "Do High-Wage Jobs Attract More Applicants? Directed Search Evidence from the Online Labor Market," Journal of Labor Economics, University of Chicago Press, vol. 37(3), pages 715-746.
    5. David J Deming & Kadeem Noray, 2020. "Earnings Dynamics, Changing Job Skills, and STEM Careers," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(4), pages 1965-2005.
    6. Alekseeva, Liudmila & Azar, José & Giné, Mireia & Samila, Sampsa & Taska, Bledi, 2021. "The demand for AI skills in the labor market," Labour Economics, Elsevier, vol. 71(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    ranking skills; wage premium; demand for skills; online vacancies;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

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