What is Labor Market Data?

How to use labor market data that goes beyond government statistics to get an edge when recruiting candidates and planning for the future.

What is Labor Market Data Composed of?

Traditionally Labor Market Data included data from government sources. Innovative talent data platforms like Horsefly Analytics have also incorporated these sources to help you get an accurate picture of the market.

Global Job Postings

Data is compiled from hundreds of millions of employer postings, enabling a true view of market demand.

Diversity & Gender Data

Benchmark your organization against a location's gender averages for specific skills and job titles, so you can set realistic expectations about diversity.

Online Profiles

Get a real time and granular view of supply through compilation of millions of public profiles where candidates report their location, skills, education, and job history.

Why Should You Use Labor Market Data?

As the global economy is rapidly changing, using labor market data when both doing big picture planning and searching for individual candidates allows you to leverage data to make smarter decisions about where to expand, how to write job descriptions, and what to pay candidates to ensure they accept offers.

Who Needs Labor Market Data

Labor Market Data is essential for any growing business, but here are just a few groups who need a platform to quickly analyze labor market data:

Talent Acquisition & Recruitment Teams

Workforce Planning

Strategy & Business Planning

Human Resources

Uses of Labor Market Data

ESG Benchmarking

Ensure you're building a diverse workforce.

Geographic Expansion

Don't expand without accurate supply & demand data.

Compensation Data

Properly compensate new and current employees with benchmarking data.

Where Can I Find Labor Market Data?

Horsefly Analytics is a easy to use technology platform that compiles global talent data and profiles from thousands of sources, enabling companies to make smarter and more strategic decisions about their workforce.

Contact Horsefly to See How Our Labor Market Data Platform Can Propel Your Business to Success