Extracting skill requirements from job ads - the "Machbarkeitsstudie Kompetenz-Kompass"

Knowing what skills are required by employers when recruiting new workers is an important basis for the work of all labour market actors. In the 2nd part of the "Machbarkeitsstudie Kompetenz-Kompass" project, we developed a methodology to identify recent hard and soft skill requirements in job ads published on the "BA-Jobbörse" employment website provided by the Federal Employ-ment Agency. We focus on three broad occupational sets with job contents that comprise eco-nomic activities such as mechanical engineering, information services, and human health and so-cial work activities. Based on example analyses, we show that our methodology potentially allows us to identify the development of up-to-date skill requirements in job advertisements broken down to job titles, skill levels, and regions. We also developed a methodology for the completion of skill dictionaries with new skill categories and new search terms. Our methodology is also able to support the selection of specific skills according to their relevance in job ads for education pro-viders and training institutions. We conclude this report with a short description of the most rele-vant measures to provide general access to the detailed results, access to the further analysis po-tential, and further improvement of our methodology.