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Extracting Skill Requirements from Job Ads –the “IAB-Kompetenz-Kompass"

When:
WED, 4 MAR 2026
From:
12:30 PM
To:
1:30 PM
Where:
In person
Luxembourg Institute of Socio-Economic Research (LISER)

11, Porte des Sciences | L-4366 Esch/Alzette 

LISER 1st floor, Salle Conference (Jane Jacobs)
With:
Michael Stops
Michael Stops
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In my presentation, I will first give an overview of the “IAB-Kompetenz-Kompass”. This project aims to provide data from job advertisements and develop evaluation routines for extracting key information categories for labor market research. I will then focus on our approach to extracting hard skill requirements. This can be understood as a high-dimensional, multi-label classification problem. Multi-label classification problems are typically solved in one of the following ways: ontology-based methods, supervised machine learning, or, more recently, unsupervised classifications based on large language models. For ontology-based methods, completeness poses a significant challenge. The main problem with supervised machine learning is the need for high-quality training data with a sufficient number of observations for each label. Finally, a reliable and valid measurement of competency requirements using unsupervised approaches requires explicitly defined competency concepts that are supported by a sufficient number of formally and substantively correct training texts. Our current preferred solution is a dictionary-based approach, which we combine with a machine learning method to enrich our dictionary. In this presentation, I will describe our approach and discuss its advantages and disadvantages. The presentation will conclude with a discussion of possibilities for better integrating different approaches in the future.

Speaker
Michael Stops
Michael Stops
IAB
Michael is a Senior Researcher at the Institute for Employment Research. His current research focuses, among other things, on the impact of technological change on the labor market. To this end, he also leads methodology-oriented projects on extracting information from job advertisements. He holds a doctorate (Dr. rer. pol.) and university degrees in economics and statistics as well as in public administration (Diplom-Volkswirt and Diplom-Verwaltungswirt, FH).

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