IRPP STUDY - Finding the Right Job: A Skills-Based Approach to

20.500.12592/g5tjvt

IRPP STUDY - Finding the Right Job: A Skills-Based Approach to

17 Feb 2022

9 Finding the Right Job: A Skills-Based Approach to Career Planning closer the proximity between the two occupations and the larger the overlap between the competencies, work activities and interests involved. [...] It represents a ratio of the share of a country’s exports of a specific good or service to the share of the global export of that good or service. [...] First, we merge data from actual employment transitions provided by the US Current Population Survey (CPS) with all O*NET descriptors1 and include the following data points from the CPS database: n The percentage of individuals who transitioned from the original to the target occupation n The projected growth of the target occupation over a 10-year period n The change in wages when moving from the. [...] In applying the definition of RCA in the context of occupations and skills, we can say that an occupation (O) has a relatively high intensity — a revealed comparative advan- tage so to speak — in a specific skill (s) when the ratio of the occupation’s requirement for that skill to the total skills requirement (S) exceeds the same ratio for total occupa- tions (T). [...] To measure the use of a particular skill in an occupation (XOs), we calculate the average of the values for level and importance of each skill for each occupation, both of which are reported in O*NET.
Pages
26
Published in
Canada

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