Clicks and jobs: measuring labour market tightness using online data

Pawel Adrjan and Reamonn Lydon ()

No 6/EL/19, Economic Letters from Central Bank of Ireland

Abstract: Record employment levels in Ireland in 2019 are putting upward pressure on wages and salaries as labour demand rises relative to supply. Analysis of online data reveals the skills employers look for, the jobs workers search for and the salaries for different roles – all at a highly granular level. A new measure of labour market tightness using the number of clicks on a job posting shows that advertised salaries are significantly higher in jobs where the supply of potential workers is low relative to demand.

Date: 2019-06
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