Customers that benefit from labor market analytics include strategic planning, business planning, workforce planning, and talent acquisition teams. RPOs and recruitment agencies also benefit from labor market analytics data to help clients make strategic hiring decisions.

There are too many to list here, but labor market supply data, labor market demand data, job title and keyword information, diversity data, gender gap data, and salary information are just a few of the metrics Horsefly covers. Please get in touch with us so we can provide the metrics specific to your needs.

Horsefly's data points - over 1 trillion! - come from publicly available sources such as government data, job boards, candidate profiles and social media.

Our database provides real time information and is updated continuously. We add new metrics regularly, most recently our diversity and ethnicity data.

Labor market analytics is focused on higher level strategic decisions and does not refer to the sourcing of individual candidates and the hiring process, which is what HR analytics refers to.

1. Effectively compare locations. Use a labor market analytics platform to compare locations to see where your best chance of finding candidates is, and by adjusting skills and requirements to both widen and shrink your talent pool. Drill down to choose the job titles and specific skills that are key in your search to see the candidate supply in a country or city.

2. Implement accurate salary benchmarking. Compare salary averages around the world - see compensation averages by specific combinations of skills or job title, all while filtering by experience level and gender to ensure your targeted talent accepts your offer.

3. Find the best talent and worksite locations. Acquiring the right talent drives business outcomes. Labor market analytics helps companies understand where in the world to place a new office, factory, or initiative.

Boost and improve workplace diversity. Labor market analytics powers diversity. Properly benchmark your workforce in terms of ethnicity and gender to the actual makeup of the talent market and not benchmark your company against a false 50/50 standard. Diversity data also helps ensure you hire underrepresented minorities. Diverse companies have higher levels of employee satisfaction and engagement.

We have a meticulous process that we created to clean and validate data, ensuring that it's timely and accurate. We merge and deduplicate millions of social profiles and job board advertisements collected per month in real-time from both mainstream and niche sources globally. All data is then rigorously benchmarked across government data sources. Overlaying multiple data sources ensures the highest accuracy. Lastly, We employ data scientists with a background in statistics for algorithm building, and when data is sparse or unavailable, we crowd source data from targeted, skilled sources.