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Forum : Real-Time Data (especially job vacancies)

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Oregon’s Hard to Fill Vacancies Oregon’s Employment Dept. issued an analysis of its first job vacancy survey question on whether each job opening was “difficult to fill.” Employers described nearly half (44 percent) of the job openings available in Fall 2012 as difficult to fill. LMI Win-Win Network 721 0  08/01/2013
09:58AM EST 
Do Online Job Ads Predict Hiring? New York City’s Labor Market Information Service has examined the correlation between online job ads (using Wanted Analytics’ real-time data) and actual hiring (using the Local Employment Dynamics’ Quarterly Workforce Indicators). Using data from 2009-2011, the agency found a very high correlation (just over 90 percent) between online ad volume and hiring in the next calendar quarter. LMI Win-Win Network 908 1  10/20/2014
01:34PM EST 
Potential for Real-Time LMI Jobs for the Future has examined the potential for broader use of real-time labor market data, including information from online job ads and other databases. Interviews with selected Federal agencies and trade associations showed that many but not all of the organizations believed that such data could be put to broader use, with both ETA and BLS singling out occupational data. ETA also noted the potential use of real-time data for local labor markets, and by grant applicants for proposed projects. LMI Win-Win Network 461 0  05/09/2013
12:52PM EST 
Job Vacancies and Job/Skill Mismatches Two interesting recent studies provide insights into how well job and skill mismatches explain the dramatic rise of unemployment since 2006. A National Bureau of Economic Research (NBER) paper concludes that there is no evidence for a geographical mismatch (i.e., that job seekers and the available jobs are in different locations), and that a mismatch across industries and occupations can explain at most a third of the rise in unemployment. A Federal Reserve Bank of San Francisco study finds that the individuals hired for most job openings in industries or occupations did NOT previously work in that industry or occupation. The two studies also provide considerable comparative information on the primary national and state job vacancy surveys. LMI Win-Win Network 553 0  08/06/2012
05:26PM EST 
Consumers Guide to Real-time Labor Market Information Based on a survey and interviews with 6 of the largest real-time LMI data vendors, the study examines 1) the history and improvements that have been made in real-time data; 2) the specific products and data elements offered; 3) the sources of the data and the efforts made to ensure quality, accurately code occupational classifications and other variables, and eliminate duplicative job postings; and 4) the fees charged. LMI Win-Win Network 868 0  08/05/2012
11:49AM EST 
Real-Time Job Vacancy Data Sources This nearly 25-page overview of real-time job vacancy sources, Aligning Community Colleges to Their Local Labor Markets: The Emergence of Online Job Ads for Providing Real-Time Intelligence About Occupations and Skills in Demand, issued by Jobs for the Future in November 2011 (but with a cover date of September 2011), provides a useful summary of the existing sources and how they differ, the strengths and weaknesses of real-time job vacancy data, and a review of the activities of both the states and private vendors in this field. LMI Win-Win Network 580 0  02/29/2012
03:32PM EST