Technologies, trends and theories:
knowledge at the cutting edge.
Our knowledge base contains information, interesting facts and selected articles on the latest trends and current developments on global labor markets and in the world of semantic technologies relating to human resources and recruitment, occupation (big) data and ontologies / knowledge graphs, job classifications, CV parsing, skills and job matching and much more.
In Data Marketing We Trust. Of Beauty and (Self-)Deception.
Leveraging big data in HR tech has become increasingly popular in recent years thanks to its great potential. However, the current benefits often lag behind the marketing promises of vendors. Because of the highly unstructured nature of job-related data and the numerous factors that influence jobs, skills and labor market dynamics, finding good quality data and analyzing it reliably is still a huge challenge. » Read more about: Some popular tampering of data and graphics… »
Zurich airport, 06:43 on a Friday morning in July, which has so far been marked by scorching heat. Baggage handler Mario V. is enjoying a short smoke break between LX 243 from Dubai and LX 1952 to Barcelona. Although “enjoying” seems to be a somewhat exaggerated choice of words these days. Since the start of the summer season, Mario’s working days – like those of most of his colleagues on the ground and in the air – » Read more about: Four-day workweek? Forget about it, the countdown to the implosion of the labor market is running anyway »
A global economic slowdown, rapid digitalization, ageing populations, informal labor, skill mismatches, discouraged workers, structural shifts and increasingly dynamic career paths… In labor market governance and management, there is no shortage of complex challenges to overcome. To address these challenges, many governments have introduced public employment services (PES) and active labor market polices (ALMPs). There is no simple answer on how to do this, especially given the complexity and unique challenges of each labor market. » Read more about: 4 unsung challenges of digital labor market solutions you must address »
A new study from Germany shows that the use of artificial intelligence (AI) in job application processes is widely rejected and generally stirs up negative emotions in potential applicants. There were also numerous objections raised by the respondents. Depending on the context, fears of programmed bias or the negligent handling of personal data may well be justified. In principle, however, it would be well possible to dispel many of these concerns if employers and software providers made more efforts to ensure transparency and explainability in the use of AI in recruiting. » Read more about: Fear of the machine, rage against the machine? Why we are so afraid of AI in recruiting (and what could be done about it) »
Today’s changing world places many complex challenges to labor market governance and management: the slowdown of the global economy, the structural shifts and evolving skill demands connected to widespread digitalization, as well as increasingly dynamic career paths with more frequent job switching, geographical mobility and flexibility, and multiple transitioning between education/training and employment.
Advanced labor market information systems are key to improving labor market efficiency
To address these challenges, many governments have established active labor market polices (ALMPs) and public employment services (PES) to help workers find jobs and firms fill vacancies. » Read more about: Strengthening the economy through advanced labor market information systems »