Do Online Job Ads Predict Hiring?
This 2013 study by New York City’s Labor Market Information Service examines 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. They also found that during the 2009 high unemployment period, employers reduced the number of online job ads more than they reduced their hiring, and offer several possible explanations.
Modified On : May 30, 2014
Type : Text
Viewed : 642
In Relation : 1. Studies Using Real-Time Employment Data