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.
Fear of the machine, rage against the machine? Why we are so afraid of AI in recruiting (and what could be done about it)
/in Knowledge Base /by JANZZ.technologyA 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) »
Strengthening the economy through advanced labor market information systems
/in Knowledge Base /by JANZZ.technologyToday’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 »
Is Vietnam the next Singapore?
/in Knowledge Base /by JANZZ.technologyVietnam hopes to achieve high-income status by 2045. The country’s vibrancy is evident by investments in innovation and technology adoption that spur an innovation-driven private sector to build resilient businesses. Vietnam had a GDP per capita of $500 (today’s dollars) in 1985 which was one of the lowest in the world, and by 2021 it had already created a couple billionaire entrepreneurs.[1]
Vietnam’s performance is impressive as it was one of the poorest countries globally that achieved lower middle-income status in under a generation and became a dynamic East Asian economy. » Read more about: Is Vietnam the next Singapore? »
When it comes to the use of AI in HR, it is past high time
/in Knowledge Base /by JANZZ.technologyThere are numerous constitutional articles, laws, ordinances and regulations according to which companies must conduct their daily activities. And the number of these legal foundations is constantly increasing. A relatively new piece of legislation in Europe is the EU’s General Data Protection Regulation, or GDPR for short, which was adopted in 2016. The aim of this transnational regulation is to standardize the collection, processing, storage and deletion of personal data by private and public actors. » Read more about: When it comes to the use of AI in HR, it is past high time »
The Great Resignation or just a Great Misperception?
/in Knowledge Base /by JANZZ.technologyThere have been many “great” waves in economy, especially in the US: the Great Depression (1929–1933), the Great Inflation (1965–1982), the Great Moderation (mid 1980s–2007), the Great Recession (late 2007–2009), and now we have a new one: the Great Resignation. But while the previous “great” events were undoubtedly real and had far-reaching impact on the economy and the labor market, this time round, there is reasonable doubt as to whether this wave of quits really is so great. » Read more about: The Great Resignation or just a Great Misperception? »