Skill Supply/Demand

The Skill Supply/Demand page provides real-time analytics that allows you to dive deep into the labor market skills insights and job conditions of a chosen skill within a region. This article will walk you through what each metric and chart entails.

• Skill: Enter the selected skill in the search bar.
• Geography: You must select a region or multiple regions, if applicable.
• Recommended Skills: This will default to this region's most commonly demanded skills over the past seven days.

Example: Python added a skill within the state of California

The SUPPLY/DEMAND OVER TIME chart displays the selected skill's supply(individuals with the skill) and demand (job openings requiring the skill) trends in the labor market over time within the region. The percentage represents the portion of the selected skill within all skills in the labor market within the region. 

You can choose between MONTH, QUARTER, and YEAR to view skill trends from different time periods. (It defaults by YEAR) 

• SUPPLY: Individuals possessing the selected skill.
• DEMAND: Job openings requiring the selected skill.

The GEOGRAPHY chart displays the selected skill’s supply (individuals with the skill) and demand (job openings requiring the skill) ranked by geographical location. You can toggle between Supply Shortage, Demand Shortage, Top Supply, and Top Demand to rank order the locations based on different criteria.

Note: The default sort order for Skill Supply/Demand Geographic Analysis is by 'Supply Shortage%

• SUPPLY: Individuals possessing the selected skill.
• DEMAND: Job openings requiring the selected skill.

Note: The map is interactive so you can zoom in closer on specific regions with your mouse or trackpad.

You can also select Worker Profiles or Job Openings to focus on either of those categories for the specific skill, as the figures will default to Supply/Demand combined. 

Both are calculated over the previous 12 months. 

The GEOGRAPHICAL DISTRIBUTION chart displays locations and jobs with the highest skill prevalence, indicating "hotspots" for competition and finding talent with the selected skill. 

This section will only appear if you have selected a specific region instead of the entire country. In the example below, the state of California was selected for location. 

The figures displayed in Geographical Distribution represent the demand for the most popular roles requiring that skill over the past 12 months and the regions where it is most demanded. 

Note: You can click on the Expand icon within the top right corner to see more. 

The TOP JOBS SUPPLYING THE SKILL and the TOP JOBS REQUIRING THE SKILL charts indicate the most prevalent jobs that require the selected skill as observed in the labor market.

• TOP JOBS SUPPLYING THE SKILL: Positions with the highest supply for the selected skill over the past 12 months.
• TOP JOBS REQUIRING THE SKILL: Jobs with the highest demand for the selected skill over the past 12 months.

Note: By selecting any roles from either chart, you will be returned to the Position Supply/Demand page for that specific position. 

How Can I Use This Information?

Skills Supply & Demand allows you to identify the general health of a specified skill. By seeing time trends and geographic distributions of skillsets, you can identify skills that are emerging and skills that are declining. This aids you in identifying skills to upskill the workforce and skills to focus less on. You can identify skills that maintain relevance in the labor market, which can help HR partners determine where to focus their training attention.

Updated July 31, 2024 16:39