Strac Ivanov - Decoding the Job Market

Strac Ivanov joins us to explain why job postings are a useful and instructive source of labour market information. Ivanov is the founder and President of Vicinity Jobs, a Canadian economic development and business intelligence technology company. Ivanov explains how a four-fold increase in the number of online job postings has created a wealth of data that can be used to help understand and illuminate the skills employers are typically looking for, as well as the collective skill sets that help job seekers find work. Highlights from our conversation include: 1. Regarding AI’s impact on the job market, Ivanov said job postings show a shift away from skills in AI development to skills with AI use, indicating that current, applicable knowledge of these tools has become more important in finding employment. 2. Post-secondary institutions can utilize data from job postings to ensure programs and classes remain relevant and that graduates are employable. Host: Maggie John