The Need for Global Data in a Fast-Changing Labor Market

Today’s global labor market is one of low unemployment and a shortage of much-needed skill sets for many companies. Almost all industries are suffering from a shortage of talent – IT, manufacturing, retail and even hospitality. This applies to a wide range of roles, whether they be highly skilled IT occupations, skilled trades or manual-labor intensive. Although global demand has eased somewhat, unemployment levels remain historically low and along with cost-of-living pressures, have led to higher-than-normal wage inflation.

With these current conditions, employers are quickly turning their attention to data in the hopes of solving their workforce challenges. Previously overlooked, labor market data today is regularly dominating the news in North America and the UK. As organizations seek to make more data-driven decisions, global data platforms are of great value to those who know how to utilize them effectively.

In This Report

At Allegis Global Solutions (AGS), we help clients achieve better workforce results today — and enable the skills-based workforce of tomorrow — with the Acumen® Intelligent Workforce Platform, a technology ecosystem that delivers an unrivaled combination of connectivity, insight and automation.

In this report, we’re highlighting one of our technology partners, Lightcast, a global leader in labor market insights, which has enhanced our ability to help workforce leaders make smarter decisions around their hiring practices. From advising on the most competitive markets suffering from wage pressure to which skill sets are most in demand and where best to find them, these insights are helping ensure managers get better access to talent while efficiently managing costs.