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HomeNewsLinkUp Unveils Compass: A Real-Time Labor Demand Analysis Tool Powered by Comprehensive...

LinkUp Unveils Compass: A Real-Time Labor Demand Analysis Tool Powered by Comprehensive Job Market Data

LinkUp, a global leader in job market data, has launched Compassa dynamic digital toolset designed to offer real-time labor demand analysis through interactive and presentation-grade visual renderings. Leveraging LinkUp’s extensive dataset of daily-updated job openings sourced directly from employer websites since 2007, Compass eliminates the need for complex data infrastructure, spreadsheets, or coding, providing users with instant access to actionable insights.

  1. Compass: Transforming Labor Demand Analysis
    • Enables spontaneous querying of a vast dataset through an intuitive interface.
    • Offers flexibility with multiple filters for detailed and nuanced comparisons catering to various analytical approaches.
  2. U.S. Macro Dashboard: Opening Compass Product Line
    • Provides robust analytics measuring millions of job openings across the U.S. job market.
    • Delivers both monthly and weekly labor demand data, offering insights weeks faster than lagged reports by the Bureau of Labor Statistics.
  3. Quote from LinkUp’s CEO, Toby Dayton
    • Advocates for relying on real-time, employer-sourced data over increasingly outdated survey-based data.
    • Highlights Compass’s capability to deliver forward-looking insights into the U.S. and global economies.
  4. Key Features of Compass U.S. Macro Dashboard
    • Macro Insight: Track active job openings monthly and weekly across the U.S. economy.
    • Geographic Coverage: Detailed labor demand analysis at national, state, city, and ZIP-code levels.
    • Granularity: Industry and Occupation-specific evaluation for a detailed view of economic growth.
    • Sector Breakdowns: Demand analysis by Goods vs. Service jobs and White-Collar vs. Blue-Collar openings.
    • Time to Hire: Assess hiring velocity through average Closed Duration of job openings.
    • BLS Employment & Macro Data: Aggregated and visualized in one platform, including over 25 employment-related data series.
  5. Future Releases and Expansion Plans
    • LinkUp plans to introduce additional Compass products focusing on individual employers and specific industry verticals for granular labor demand insights.
    • Jill Deuel, LinkUp Product Chief, emphasizes that the Macro Dashboard is just the beginning of Compass’s expansion to offer clients deeper insights into crucial data.

LinkUp’s launch of Compass marks a significant milestone in its mission to provide accurate and timely insights into the job market. By leveraging its comprehensive, daily-updated dataset, Compass offers a revolutionary approach to labor demand analysis, empowering users with actionable, forward-looking insights. As LinkUp continues to expand its Compass platform with future releases and enhanced features, it reaffirms its commitment to delivering unparalleled value to clients seeking to navigate the complexities of the job market with precision and confidence.