Skill Dependencies Uncover Nested Human Capital

Skill dependencies uncover nested human capital

Modern economies require increasingly diverse and specialized skills, many of which depend on the acquisition of other skills first. Here we analyse US survey data to reveal a nested structure within skill portfolios, where the direction of dependency is inferred from asymmetrical conditional probabilities—occupations require one skill conditional on another. This directional nature suggests that advanced, specific skills and knowledge are often…

Job seekers say there’s a training gap — not a skills gap

Candidates said hiring managers need to be more realistic about qualifications and increase investments in L&D.