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Beyond Surveys: How Alternative Data Can Measure the Health of the Labor Market

Author

Listed:
  • Loujaina Abdelwahed
  • Ritesh Baldva
  • Lisa Simon

Abstract

Key Messages:The private sector offers reliable labor market data that policymakers, investors, and the public can use to guide their decisionsRevelio Labs provides monthly labor stats from billions of work records, tracking employment, openings, turnover, and payAlternative data is created beyond the goal of measurement, thereby avoiding survey bias and offering timely, cost-effective insightsJob estimates from profiles need cleaning, title mapping, and models that adjust for sampling bias and reporting lagJob openings deduplicated across various sources provide a forward-looking view of demand and make it possible to estimate pay trends

Suggested Citation

  • Loujaina Abdelwahed & Ritesh Baldva & Lisa Simon, 2026. "Beyond Surveys: How Alternative Data Can Measure the Health of the Labor Market," EconPol Forum, CESifo, vol. 27(01), pages 58-65, January.
    • Handle: RePEc:ces:epofor:v:27:y:2026:i:01:p:58-65
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