The Josh Bersin Company Explaining The Massive People Data Market: How It Works & What You Need To Know
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Jul 16, 2025 Explore the transformative landscape of the people data market as Lightcast acquires Rhetorik, reshaping HR strategies. Discover the distinctions among data collection, enrichment, and talent intelligence companies. Understand the implications of integrating job, skills, and economic data on hiring and internal development. This multi-billion dollar market is crucial for business leaders to navigate, especially with the emerging influence of AI. Tune in for insights that connect data dynamics with workforce planning and company intelligence.
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Multi-Tier People Data Market
- The people data market involves multiple data categories like profiles, job history, skills, and salary.
- Data is collected, enriched, and sold to various buyers including HR, marketing, and governments for different use cases.
Key Applications of People Data
- People data is crucial for workforce planning, recruiting, talent intelligence, and salary benchmarking.
- This data supports strategic plans, internal development, and organizational restructuring.
Labor Market Data Reveals Economy
- Labor market data includes real-time job postings captured globally, showing job titles, skills, and pay.
- This data reveals live economic conditions and complements people profile data.