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Degrees of demand: a task-based analysis of the British graduate labour market

Author

Listed:
  • Golo Henseke
  • Alan Felstead
  • Duncan Gallie
  • Francis Green

Abstract

This study investigates the evolving demand for graduate skills in the British workforce, leveraging a task-based approach with data from the Skills and Employment Survey Series. Focused on the changing importance of job tasks related to graduate skills, the research explores the mapping of these tasks to educational attainment, discerns the price employers pay for tasks requiring graduate skills, and addresses regional variation in graduate supply and demand. Despite a slowing growth of graduate skills requirements post-2006, we find a stable assignment of graduate education with job tasks and an overall flat task price related to graduate skills requirements. We present regional evidence showing education expansion rather than exogenous factors drove high-skills demand, balancing the development of supply and demand in the British graduate labour market over 1997–2017.

Suggested Citation

  • Golo Henseke & Alan Felstead & Duncan Gallie & Francis Green, 2025. "Degrees of demand: a task-based analysis of the British graduate labour market," Oxford Economic Papers, Oxford University Press, vol. 77(1), pages 144-165.
    • Handle: RePEc:oup:oxecpp:v:77:y:2025:i:1:p:144-165.
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    File URL: http://hdl.handle.net/10.1093/oep/gpae020
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    More about this item

    Keywords

    graduate skills; task-based approach; education expansion; task price; regional variation;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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