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Skill mismatch comparing educational requirements vs attainments by occupation

Author

Listed:
  • Kea Tijdens
  • Miroslav Beblavý
  • Anna Thum-Thysen

Abstract

Purpose - The purpose of this paper is to overcome the problems that skill mismatch cannot be measured directly and that demand side data are lacking. It relates demand and supply side characteristics by aggregating data from jobs ads and jobholders into occupations. For these occupations skill mismatch is investigated by focussing on demand and supply ratios, attainedvis-à-visrequired skills and vacancies’ skill requirements in relation to the demand-supply ratios. Design/methodology/approach - Vacancy data from the EURES job portal and jobholder data from WageIndicator web-survey were aggregated by ISCO 4-digit occupations and merged in a database with 279 occupations for Czech Republic, being the only European country with disaggregated occupational data, coded educational data, and sufficient numbers of observations. Findings - One fourth of occupations are in excessive demand and one third in excessive supply. The workforce is overeducated compared to the vacancies’ requirements. A high demand correlates with lower educational requirements. At lower occupational skill levels requirements are more condensed, but attainments less so. At higher skill levels, requirements are less condensed, but attainments more so. Educational requirements are lower for high demand occupations. Research limitations/implications - Using educational levels is a limited proxy for multidimensional skills. Higher educated jobholders are overrepresented. Practical implications - In Europe labour market mismatches worry policy makers and Public Employment Services alike. Originality/value - The authors study is the first for Europe to explore such a granulated approach of skill mismatch.

Suggested Citation

  • Kea Tijdens & Miroslav Beblavý & Anna Thum-Thysen, 2018. "Skill mismatch comparing educational requirements vs attainments by occupation," International Journal of Manpower, Emerald Group Publishing Limited, vol. 39(8), pages 996-1009, November.
    • Handle: RePEc:eme:ijmpps:ijm-10-2018-0328
    DOI: 10.1108/IJM-10-2018-0328
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    Citations

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    Cited by:

    1. Pablo de Pedraza & Martin Guzi & Kea Tijdens, 2020. "Life Dissatisfaction and Anxiety in COVID-19 pandemic," MUNI ECON Working Papers 2020-03, Masaryk University, revised Feb 2023.
    2. Brian Fabo & Martin Kahanec, 2020. "The Role of Computer Skills on the Occupation Level," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 6(2), pages 87-99.
    3. Khadija Straaten & Niccolò Pisani & Ans Kolk, 2020. "Unraveling the MNE wage premium," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(9), pages 1355-1390, December.

    More about this item

    Keywords

    Occupations; Czech Republic; Adjustment strategies; Skill mismatch; Web survey; Educational attainments; Job requirements; Demand-supply ratio; Vacancies; J230; J240; J63;
    All these keywords.

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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