WANTED Technologies now collects and classifies online Canadian job ads by the four-digit National Occupational Classification code in their Analytics™ platform, providing the most detailed employment statistics available in Canada.
NEW YORK, April 5, 2012 /CNW Telbec/ - WANTED Technologies (TSX: VAN), the leading source of real-time business intelligence for the talent marketplace, now provides its detailed analysis of online hiring activity in Canada through their industry-leading Analytics™ platform using the National Occupational Classification, a widely-used standard established by the Canadian government.
"Labour market and economic analysts now have the ability to use a timely set of data to measure hiring demand in Canada," said Bruce Murray, WANTED's CEO. "We collect online job posting data and now standardize 80,000 job ads weekly on the widely-used NOC data framework."
Because this information is derived from online job postings, it provides a current view of market activity at both a highly-detailed, company specific level as well as on a much broader, consolidated level.
WANTED's employment market data and analysis is used by clients to identify companies or sectors of the economy where hiring demand is increasing or decreasing. This intelligence is then used to help the unemployed find jobs, develop educational programs to drive skills, and attract employers.
"By bringing our labour market demand data in line with the government's statistical data, we hope to make it easier for analysts to see what is taking place in the economy," said Murray. "And the result, we hope, will be the ability to make better decisions based on timely and reliable data."
For additional information about WANTED Analytics™, please visit www.wantedanalytics.com/insight.
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 600 million 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.
For further information:
WANTED Technologies Corp.
Ms. Carolyn Menz, Executive Director of Marketing
Tel: (212) 206-6140
Mr. Martin Auclair, VP Finance and CFO
Tel: (418) 523-6663, ext. 337