Published on 13th February 2024
Our labour market intelligence partner Lightcast exclusively developed a powerful, AI-based tool to analyse the online staffing market
“The Online Labour Market GPS will enable the World Employment Confederation and its members to access data at global and national levels to augment their research, analysis and communication capabilities,” explains Viktorija Proskurovska, Labour Market Intelligence Manager at the World Employment Confederation.
The Online Labour Market GPS is based on official statistical data and online job vacancies. A quick glance at the homepage gives global and regional information about online job postings and the share of those job ads made available through staffing agencies. The dashboard also provides information about how the online labour market evolved compared to the previous year. More detailed information is available per country (labour force participation rate, unemployment rate, education levels, unique job postings, staffing share trends and industry distribution) as well as per specific industries. Users can access the top ten occupations, the skills needed to access the selected occupation and a KPI reflecting the difficulty to fill it.
The Online Labour Market GPS is updated monthly, ensuring WEC and its members stay up-to-date with labour market developments worldwide. Access to the platform is an exclusive benefit of WEC membership.
Lightcast is WEC’s Affiliate Partner for labour markets analytics. It is also a recognised partner for leading international organisations such as the OECD. The main source for OECD studies on job-related skills and job vacancies are based on datasets managed by Lightcast.