An algorithm for predicting job vacancies using online job postings in Australia.
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ABSTRACT:
SUBMITTER: Evans D
PROVIDER: S-EPMC10009847 | biostudies-literature | 2023
REPOSITORIES: biostudies-literature
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An algorithm for predicting job vacancies using online job postings in Australia.
Evans David D Mason Claire C Chen Haohui H Reeson Andrew A
Humanities & social sciences communications 20230313 1
Timely and accurate statistics on the labour market enable policymakers to rapidly respond to changing economic conditions. Estimates of job vacancies by national statistical agencies are highly accurate but reported infrequently and with time lags. In contrast, online job postings provide a high-frequency indicator of vacancies with less accuracy. In this study we develop a robust signal averaging algorithm to measure job vacancies using online job postings data. We apply the algorithm using da ...[more]
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