Horsefly Talent Analytics Insights

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Labor Market (4)

Where Does All This Data Come From?

 

It doesn’t seem possible that anyone can make a comment in any of the recruiting Facebook groups without being asked for the source and validity of the data. This is understandable, given that so much data is shared in a debate, often without reference to where that number has come from. Recruiting, in particular, has also suffered from urban myth syndrome. Popular truths, that said enough times by enough people become accepted law, even though they don’t necessarily stand up to a data sniff test. I often find myself asking: “Do you think that, or do you know that?”

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Ask Horsefly: What is Going on in the Job Market?

As part of the work I’m doing with Horsefly Analytics, I get to ask for labor market reports that provide background data for some of the questions I have. Just recently, I have been digging into the job market as we exit lockdowns across the globe. I understand that each nation will have a different pace to this, but at some point soon, we will be able to pick up trends, and link job openings to exit from lockdown restrictions, in order to forecast what might be coming down the road.

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