Lightcast’s Post

❓Why should campus leaders pay attention to alumni sentiment data? What are Lightcast’s biggest #alumnidata takeaways from 2023? And what are the best practices for using alumni sentiment survey results to actually drive institutional change? ❓ Learn the answers to all these questions + more in our upcoming webinar [May 2nd, 11 a.m. PT] with Dr. Kimberly Yousey-Elsener, where she’ll take us on a journey through alumni sentiment data and answer your questions along the way. 🛶 Save your seat >> https://lnkd.in/eh8EqhDc

LOCATION QUOTIENT (def.) Location Quotient [LQ] is an analytical statistic that measures a region's industrial specialization relative to a larger geographic unit (usually the nation). An LQ is computed as an industry's share of a regional total for some economic statistic, such as earnings, GDP by metropolitan area, employment, etc. A location quotient higher than one means an occupation or industry is more concentrated in that area than in the nation. LQ is used as a way of discovering the industries or occupations that are truly unique and specialized in your regional economy, compared to the national average. https://lnkd.in/exQNY2xp #WordoftheWeek hashtag#LaborMarketDefinitions

🤖 The #AIIndex2024 from Stanford Institute for Human-Centered Artificial Intelligence (HAI) is out now! This comprehensive report brings together fresh research and innovative analysis to highlight the latest developments in AI as it takes on a bigger and bigger role in society and the labor market. Lightcast is proud to contribute to the index again this year, providing data-driven insight into AI jobs. In 2023, the US, Spain, and Sweden led the world in concentration of AI job postings, and the most-demanded category of AI skill was Machine Learning... more info in the full report: https://lnkd.in/ea7KF28

With the world's labor market constantly in flux, redefining a global talent strategy is critical for organizational success across the board. From remote work to skills-based hiring and beyond, new trends are reshaping how businesses approach talent acquisition and management—meaning that organizations are fundamentally redefining how work gets done. What strategies, innovations, and technologies can help enterprises thrive in this rapidly changing environment? Lightcast joined the Strategic Workforce Planning podcast to help answer these pressing questions. >> https://lnkd.in/eH_NGxit cc: The Workforce Planning Institute Elena Magrini Brandon Crouch

This ASU+GSV Summit was one for the books! Our crew of Lightcasters had amazing conversations with those new to Lightcast and our offerings, as well as many existing customers and partners. We discussed innovative opportunities for institutions, #edtech partners, and employers to customize learning and remove barriers for career development and advancement -- all in service of building a #futurereadyworkforce. https://lnkd.in/evPs8D3p cc: Bob Hieronymus Jessie Lynch Kara Foley Morgan Halpert Darrell McCarron Josh Collins Gaby Kappes Ph.D.

Learn how Kendyl Lewis and the team from Partnership Gwinnett leverages data to drive their economic development and workforce strategies! In this deep dive, you’ll learn how they use Lightcast products (Gazelle & Developer) to: -Identify the right businesses to recruit to their region -Understand local workforce conditions -Build out K-12 career pathways to strengthen the county’s talent pipeline Read it here >> https://lnkd.in/e5sNxZKu #econdev #economicdevelopment

MyTXCareer is a mobile app that helps inform Texas students about career options and high demand industries in Texas. It helps them: *Browse personalized occupation matches based on your experience, skills, and interests. *Explore recommended career paths to help you meet your career goals. *Take your next steps with access to TWC's career resources and training. Texas Workforce Commission Chairman Bryan Daniel told us all about it, and how his team used Lightcast data to power the app. Watch the video: https://lnkd.in/e2vM9uBx

Even before the acute labor market shortage of the past several years, Lightcast experts had been sounding the alarm about the population and workforce trends shaping what we call “The Demographic Drought.” Homing in on this, in partnership with Presbyterian Homes & Services , Minnesota Business Partnership, and SullivanCotter, we produced a Demographic Drought report specific to Minnesota. The report discovered the total US labor force returned to its pre-pandemic level in August 2020, but as of June 2023, Minnesota still needs 23,000 more people in the labor force to get back to its February 2020 level. More insights from the report here >> https://lnkd.in/guAERJrh cc: Ron Hetrick Rachel Sederberg, Ph.D. Elizabeth Crofoot

Al Adamsen talks about how he's helping build the future of work with our data. Listen to him here >> https://lnkd.in/eUD3xbmh #futurereadyworkforce #futureofwork People Analytics & Future of Work (PAFOW)

We’re excited to announce our presence at The World Employment Confederation’s (WEC) annual conference in Lisbon next week to talk about The Online Labour Market GPS – a new dashboard we built for them and their members to analyse the online staffing market at global and national levels. See the Dashboard >> https://lnkd.in/eKeJ3ANy Mauro Pelucchi (Head of Global Data Science) and Marco Tucci (VP of Global Business Expansion) will be there to talk about how the dashboard can help WEC members. Programme details: https://lnkd.in/ehTTfZKA #WEC2024Lisbon