Group 2 Project Overview
| Background | Data Source | Methodology |
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Project Overview
Jobsbank.gov.sg is a website administered by Workforce Singapore (WSG) to facilitate online job matching between Singapore-registered companies and local individuals (Singapore Citizens and Singapore Permanent Resident). Companies are able to advertise their job vacancies on the website and individuals can use it for their employment needs. In the job postings, skills that the companies are searching for are intertwined in the title, description and requirements. GovTech wants to leverage on this data to uncover new skillsets and existing skill mismatches of the labor market. This project seeks to analyze labor market trends by building a text analytics model using Python Natural Language Toolkit (NLTK). The purpose of the classifier is to extract and filter out the required skills from the job descriptions. Using this classifier model, GovTech will then be able to analyze the trends in skillsets required for job postings that are not applied and skills that are increasingly popular.
Project Background
MTI is concerned with the skills required by Singapore-based employers. They understand that there are high-paying jobs that no one is applying. A possible reason for that is because Singaporeans do not have such skills. In enabling Singapore to be a world class economy, MTI wants to know the sort of skills needed by the industry that is lacking in Singaporeans and fill the skill set gaps as required. Furthermore, with the evolving technology, companies will require new types of skills from their employees. For example, ReactJS is an upcoming programming language that was not in the market until two years ago, but it is highly demanded by companies nowadays. With this analysis, MTI hopes to come up with better policies and skills development training programs to build those skills in Singaporeans.
Sponsor Background
GovTech
The role of GovTech or Government Technology Agency of Singapore is to co-create a technology enabled future and at the same time building smart nation capabilities and expertise. GovTech aims to harness the best info communications technologies to make a difference to the everyday lives of people in Singapore. Furthermore, they seek to improve the lives of citizens, promote innovation collaborations among enterprises and have stronger communities through a more responsive public service.
Ministry of Trade and Industry (MTI)
Ministry of Trade and Industry (MTI) provides economic growth and creates good jobs for Singaporeans. MTI aims for Singapore to be a leading global city with dynamic economy, world-class enterprises and innovative and productive SMEs. Furthermore, they seek to offer a conducive environment for enterprises to tap its diverse opportunities. These enterprises will then provide good jobs that are attractive to talent at all level.
Project Objectives
The aim of our project is to analyse labour market trends by uncovering the skills required in job postings. Thus, our project objectives are as follows:
- To build a text analytics model that extracts text from job postings in jobsbank.gov.sg and filter out a list of skills.
- To analyze current and upcoming skill trends based on the filtered list of skills.
