Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/295778 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 16755
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Technology is disrupting labor markets. We analyze the demand and reward for skills at occupation and state level across two time periods using job postings. First, we use principal components analysis to derive nine skills groups: 'collaborative leader', 'interpersonal & organized', 'big data', 'cloud computing', 'programming', 'machine learning', 'research', 'math' and 'analytical'. Second, we comment on changes in the price and demand for skills over time. Third, we analyze non-linear returns to all skills groups and their interactions. We find that 'collaborative leader' skills become significant over time and that legacy data skills are replaced over time by innovative ones.
Subjects: 
skills
cognitive skills
soft skills
inclusive leadership
wages
demand for skills
JEL: 
J10
Document Type: 
Working Paper

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