Blog

Category: Big Data

Recruiting Better Talent With Brain Games And Big Data

Filed under: Best Advice, Big Data, Recruiting & Hiring, Strategy

The job interview hasn’t changed much over the years. There are the resumes, the face-to-face meetings, the callbacks — and the agonizing wait, as employers decide based on a hunch about who’s best suited for the job.

Some companies are selling the idea that new behavioral science techniques can give employers more insight into hiring.

For most of her life, Frida Polli assumed she’d be an academic. She got her Ph.D, toiled in a research lab and started a post-doctorate program before she realized she’d been wrong.

Polli didn’t want to study neuropsychology — she wanted to use it in business.

“People have always wanted to find a way to assess someone’s cognitive and emotional traits in an objective way that might give them a sense of: What is this person really ideally suited for?” she says.

Click here to read the rest on NPR >>

December Employment Gain Caps Best Year for U.S. Since 1999; Wage Gains Lag

Filed under: Big Data, Economy, Job Statistics

A rise in employment and a falling jobless rate in December capped the best year for the labor market since 1999 and reinforced the U.S. role as the global economy’s standout performer.

The addition of 252,000 jobs followed a 353,000 rise the prior month that was more than previously estimated, a Labor Department report showed today in Washington. The jobless rate dropped to the lowest level since June 2008. The report wasn’t all good news as earnings unexpectedly declined from a month earlier.

An additional 2.95 million Americans found work in 2014, the most in 15 years and a sign companies are optimistic U.S. demand will persist even as overseas markets struggle. The combination of job growth and cheaper gasoline will probably help stretch workers’ paychecks and sustain consumer spending.

Click here to read the rest on Bloomberg >>