NEW YORK, March 24, 2011 /PRNewswire/ -- WANTED Technologies (TSX-V: WAN), the leading source of real-time business intelligence for the talent marketplace, today announced the launch of the Hiring Scale™, the latest enhancement to the company's industry-leading Analytics™ platform (www.wantedanalytics.com).
The Hiring Scale™ offers, for the first time, detailed insight into the supply and demand for workers of any type in the United States. Employers can now assess how difficult it is to fill any job. They can easily identify positions that have a limited supply of candidates and a large number of competing organizations looking to hire the same kind of employees.
"We have combined real-time hiring demand information with detailed estimates of candidate supply to create a simple, easy-to-understand measurement," said Bruce Murray, President and CEO of WANTED Technologies. "We can tell employers how hard it may be to fill any kind of job."
Although the employment market remains sluggish, many positions are still very difficult to fill. For instance, the number of online ads for Computer Specialists in the US has been growing steadily. Currently, there are nearly 10,000 online advertisements for this type of employee that have been open for more than 90 days.
"Using the Hiring Scale™, employers know before they begin their recruiting process how to approach their search," said Murray. "If they know that competition in the local market is fierce, then they can direct their recruiting to other markets that have an ample supply of candidates and lower demand from competitors."
The Hiring Scale™ is a new feature of WANTED Analytics™, the leading business intelligence platform for the talent marketplace. Clients use WANTED Analytics™ to gain real-time insight into the detailed activity within the talent marketplace. The company serves organizations in the media, staffing, government and corporate HR sectors.
"We help professionals in the talent marketplace solve business problems efficiently—faster and at a lower cost—by providing them with better information," said Bruce Murray, President and CEO of WANTED Technologies. "The Hiring Scale™ is one more tool to improve productivity across the human capital market."
Access to a free trial of WANTED Analytics™ 3.0 is available at www.wantedanalytics.com.
About WANTED Technologies Corporation
WANTED provides real-time business intelligence for the talent marketplace. Clients in the staffing, HR, RPO, media, government and corporate HR sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.
WANTED is also the exclusive data provider for The Conference Board's Help-Wanted OnLine Data Series™, the monthly economic indicator of Hiring Demand in the United States.
WANTED Technologies (TSX-V: WAN) was founded in 1999. The company's headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. The company began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than 600 million unique job listings. To sample WANTED's services, visit www.wantedanalytics.com. For more information about how WANTED helps organizations make better decisions and improve sales results, visit www.wantedtech.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.
SOURCE WANTED Technologies Corp.