In partnership with the Department for Education, Nesta’s Open Jobs Data team is creating an Open Jobs Observatory. The observatory will contain insights from online job adverts, with a focus on the skills being requested by employers. We are collecting the adverts ourselves, with the permission of job sites.
As part of this project, we will produce:
- An open repository of timely and granular insights on skill demands.
- Publications summarising insights for policymakers and practitioners.
- A codebase, infrastructure and methodology for extracting insights from online job adverts.
Job adverts are a rich source of labour market information; they allow us to quickly detect changes in the skills demanded by employers at a granular geographic level. This information is not available from official statistics, and the disruption caused by the COVID-19 pandemic has only increased the need for timely and high-quality intelligence about skills.
We have identified many groups who could benefit from access to information on skill demands. These groups range from local authorities, who must allocate their funding for skills provision, to career advisers, who must ensure that they provide accurate and timely guidance on retraining and upskilling.
A secondary aim of this project is to develop standard and open methodologies for extracting key information from job adverts, such as skills. Currently, there are very few such technical resources available.