WANTED adds talent supply and demand data in Canada, extending the Company's coverage of the global talent marketplace
NEW YORK, NY, July 7, 2014 /CNW Telbec/ - WANTED Technologies (TSX-V: WAN), the leading supplier of "big data" analytics for the human capital marketplace, announced the launch of its talent supply and demand products for Canada. WANTED provides insight into supply and demand for talent using a data warehouse of more than one billion records describing continuous hiring activity since 2005. The Company's clients, which include corporate HR departments, staffing agencies, and government analysts, use these insights to make more intelligent decisions in areas such as recruiting, workforce planning, economic development, and educational policy.
"We currently are collecting and storing data on hiring activity in more than 150 countries," said Bruce Murray, President and CEO of WANTED Technologies. "The launch of our talent analytics product for Canada is the beginning of a series of releases covering key talent marketplaces around the world."
WANTED's products include both real-time measurements of hiring activity, as well as historical trends for more than 11,000 individual occupational categories. The real-time hiring activity will provide Canadian corporate HR departments and staffing firms with detailed competitive intelligence on hiring and how to overcome recruiting challenges. "It allows them to make decisions on how to better manage human capital, quickly and easily with real, proven data," commented Murray.
The historical trend data illustrates hiring behavior before, during, and after the recession of 2009, providing financial, economic, and policy analysts a complete measurement of the labor market through the most recent economic cycle.
WANTED's cloud-based, global data warehouse is made up of more than one billion records, each containing 100 individual data elements, including the date of a job opening, the occupation, the employer, the location, and the industry of the hiring company. The complete job description with skills, certifications and other requirements for the position is also stored in the WANTED database. In total, the number of data elements in WANTED's database exceeds 100 billion.
"We aggregate hiring demand and talent supply, then make the results available to our clients through our online dashboard, WANTED Analytics™," said Murray. "Clients have access to the data to conduct their own analysis."
WANTED captures information from online job sites and corporate career sites. In addition to providing its own analytic products, the Company partners with other organizations who access WANTED's data and analytics on an automated basis through Application Programming Interfaces, or APIs.
For more information about WANTED Analytics and to get a free trial, visit www.wantedanalytics.com.
About WANTED Analytics™
WANTED Analytics™ helps recruiting organizations make better decisions faster with real-time business intelligence on jobs, employers, and talent. Analytics brings together, for the first time, years of hiring demand and talent supply data to create a true talent intelligence platform for hard-to-fill positions.
Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.
About WANTED Technologies Corporation
WANTED Technologies (TSX-V:WAN) provides real-time business intelligence for the talent marketplace. Founded in 1999, the company's headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. WANTED began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than one billion unique job listings. For more information or to sample WANTED's services, visit www.wantedanalytics.com.
WANTED is also the exclusive data provider for The Conference Board Help Wanted OnLine Data Series®, the monthly economic indicator of Hiring Demand in the United States.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.
SOURCE: WANTED Technologies Corp.
For further information: Ms. Abby Lombardi, Director of Marketing, Tel: (212) 242-4703; Mr. Martin Auclair, VP Finance and CFO, Tel: (418) 523-6663, ext. 337