Using Big Data in Labor Market Analysis: Theoretical Approaches and Methodological Tools

The article considers the possibility of using big data technologies and large language models to analyze the labor market in the Republic of Belarus. Theoretical approaches using big data have been developed, which implies determining both the possibility of conducting labor market analytics using online sources and effective tools for collecting and processing information on the labor market from online sources. The use of big data and large language models will improve the quality and accuracy of labor market analysis in the republic, and the use of advanced analytical tools will provide a more complete and detailed understanding of the labor market dynamics. The study is based on the analysis of existing theoretical approaches, the practice of using big data and large language models in foreign countries, as well as an assessment of the current capabilities and limitations of using these technologies in Belarus. Machine learning, big data analysis and modeling were used as tools. The results of the study can be used to improve labor market management strategies, as well as to develop employment policies and programs focused on modern challenges and opportunities of the digital economy.

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Publication Details

Journal
Digital Transformation
Published
2024-12-04
DOI
https://doi.org/10.35596/1729-7648-2024-30-4-23-32
Citations
1
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
1.40
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article

Using Big Data in Labor Market Analysis: Theoretical Approaches and Methodological Tools

Iryna Kalinouskaya, Alena Vankevich
1 citations
Digital Transformation
Economic and Technological Developments in Russia
1.40
article

Using Big Data in Labor Market Analysis: Theoretical Approaches and Methodological Tools

Iryna Kalinouskaya, Alena Vankevich
article en
1 citations

Abstract

The article considers the possibility of using big data technologies and large language models to analyze the labor market in the Republic of Belarus. Theoretical approaches using big data have been developed, which implies determining both the possibility of conducting labor market analytics using online sources and effective tools for collecting and processing information on the labor market from online sources. The use of big data and large language models will improve the quality and accuracy of labor market analysis in the republic, and the use of advanced analytical tools will provide a more complete and detailed understanding of the labor market dynamics. The study is based on the analysis of existing theoretical approaches, the practice of using big data and large language models in foreign countries, as well as an assessment of the current capabilities and limitations of using these technologies in Belarus. Machine learning, big data analysis and modeling were used as tools. The results of the study can be used to improve labor market management strategies, as well as to develop employment policies and programs focused on modern challenges and opportunities of the digital economy.

Digital TransformationVol. 30(4)
Vitebsk State Technological University (BY)
Decent work and economic growth
Openalex Percentile: Top 15%
Economic and Technological Developments in Russia
1.40
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Using Big Data in Labor Market Analysis: Theoretical Approaches and Methodological Tools — Iryna Kalinouskaya, Alena Vankevich · Digital Transformation (2024) | TGRS Research Map | TGRS