Forecast Job Growth.
LinkUp’s proprietary forecasting model captures the correlation between job openings at a given time and job growth in a future period. We consistently beat out competitors and other forecasters in our estimates of monthly nonfarm payroll growth, illustrating the inherently predictive nature of accurate job listings.
Track the Future of Work.
By analyzing patterns in job descriptions across companies and industries at large, we get an advanced view of how today’s workplace is changing–is the work from home revolution tapering off? Which companies still offer fully remote positions? What aspects of corporate culture are gaining traction? Follow the job listings.
Measure Hiring Velocity.
As we track not just the raw text of job descriptions, but also the duration that listed jobs remain open on company sites before being filled, we can determine the speed at which companies are hiring over time. This measure illuminates the state of labor supply and demand and can inform decisions ranging from staffing negotiation to investment allocation.
Identify Tech Trends and Skills Demand.
As industries adopt new technologies, they’ll start hiring for candidates with core competencies therein. Users search our database by keyword to determine which companies and industries are plowing ahead in the 4th Industrial Revolution and which skills mark the ideal candidate of the future. Recently, CitiGroup leveraged our data to analyze the evolution of skills in the job market across all major sectors between the periods of 2014-2015 & 2018-2020.
Map Geographic Activity.
As each job listing includes a location (unless they’re fully remote), our data allows us to map job activity from the broadest view of national economies, right down to the granular precision of local zip codes. The possible uses of this intel are practically endless–it allows us to see, in real time, where the workforce is moving, what regions are diversifying, when a given real estate market is about to heat up, and much more.
Drill Down by Industry and Sector.
One of the strongest value adds that our data offers is a maximum capacity for customization. You can evaluate job data by industry, sector, occupation, geography; by keywords for skills, salary ranges, and competitive benefits. The richness of the dataset is a dream for quant analysts, macro thinkers, and human capital officers alike. There’s simply no better toolset for interpreting the labor market, whether you’re thinking broadly or zoomed all the way in.
It all returns to the question we began with: what is a job listing? At LinkUp, we know that every job listing is a promissory note with the future, illustrating today’s optimism or caution and projecting tomorrow’s growth. In the end, it tells us where the world of work is moving like nothing else can. To learn more about what LinkUp job data can do for you, contact us to schedule a demo or trial our data.
Job Board Data Pollution Blog Series:
Job Board Data Pollution: An Introduction
Job Board Data Pollution: The Nefarious Underworld of Fake Jobs (Part 1)
Job Board Data Pollution: How Duplication Bloats the Labor Market (Part 2)
Job Board Data Pollution: Expired Listings Slow Data Down (Part 3)