Labor Market Analysis Using Big Data : The Case of a Pakistani Online Job Portal
Facing a youth bulge—a large influx of a young labor force—the Pakistani economy needs to create more jobs by taking advantage of this relatively well-educated young labor force. Yet, the educated young labor force suffers a higher unemployment rat...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/527881574272281519/Labor-Market-Analysis-Using-Big-Data-The-Case-of-a-Pakistani-Online-Job-Portal http://hdl.handle.net/10986/32672 |
| Summary: | Facing a youth bulge—a large influx of a
young labor force—the Pakistani economy needs to create more
jobs by taking advantage of this relatively well-educated
young labor force. Yet, the educated young labor force
suffers a higher unemployment rate, and there is a concern
that the current education and training system in the
country does not respond to skill demands in the private
sector. This paper provides new descriptives about labor
markets, particularly skill demand and supply, by using
online job portal data. The paper finds that although there
is an excess supply of highly educated workers, certain
industries, such as information and communications
technology, lack workers who have specialized skills and
experience. The analysis also finds that the exact match of
qualifications and skills is important for employers. Job
applicants who are underqualified or overqualified for job
posts are less likely to be shortlisted than those whose
qualifications exactly match job requirements. |
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