Data and Code for Technological Change and the Consequences of Job Loss

Data and code repository for "Technological change and the consequences of job loss." In this project, we examine the role of technological change in explaining the large and persistent decline in earnings following job loss. Using detailed skill requirements from the near universe of online vacancies, we estimate technological change by occupation and find that 45% of the decline in earnings after job loss is due to technological change. Technological change lowers earnings after job loss by requiring workers to have new skills to perform newly created jobs in their prior occupation. When workers do not have the required skills, they move to occupations where their skills are still employable but are paid a lower wage.