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Researchers map global economy in collaboration with LinkedIn

Phys.org: A small team of researchers at Indiana University has created the first global map of labor flow in collaboration with the world’s largest professional social network, LinkedIn. “The work is reported in the journal Nature Communications. The study’s lead authors are Jaehyuk Park and Ian Wood, Ph.D. students working with Yong Yeol “Y.Y.” Ahn, a professor at the IU School of Informatics, Computing and Engineering in Bloomington. According to the researchers, the study’s result represents a powerful tool for understanding the flow of people between industries and regions in the U.S. and beyond. It could also help policymakers better understand how to address critical skill gaps in the labor market or connect workers with new opportunities in nearby communities. The study showed some unexpected connections between economic sectors, such as the strong ties between credit card and airline industries. It also identified growing industries during the study period from 2010 to 2014, including the pharmaceutical and oil and gas industries—with in-demand skills such as team management and project management—as well as declining industries, such as retail and telecommunications…”

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