World Bank, Babajob.Com announce partnership

Babajob.Com, a job portal for blue and grey collared jobs, is partnering with the World Bank to analyse big data from its platform.
As part of the partnership, Babajob.Com is providing access to data collected through its operations over the past seven years, the company here said.
This includes records of more than seven million job seekers, 450,000 employers, 1 million job posts with more than six million vacancies and an average of 450,000 applications per month made by job seekers, it said in a release here.
The World Bank team is bringing in technical expertise for labour market analysis to get a deeper understanding of how job and skills matching happens, and how can it be improved, it said.

Through the project, the joint team will also conduct a Randomised Controlled Trial (RCT) to test how job seekers' assessments of non-cognitive skills can contribute to a better match between job seekers and employers, it said.
Vir Kashyap, Co-Founder at Babajob.Com. Said"As India's most active employment platform focusing on jobs with an average salary of about Rs 10,000 a month,we have vast amounts of data on job seekers and available employment opportunities in this sector."

"We believe that analysis of this data can significantly benefit many stakeholders in our space, especially the government and the skills development industry, and we are committed to democratising this data for the benefit of all."

The joint research agenda includes multiple dimensions of the labour market assessment, including India's labour market trends related to seasonal, cyclical and structural trends, skills demand and supply, behaviour and motivation of job seekers and wage differences by gender, occupation and location.
Shinsaku Nomura, Senior Economist at the World Bank, said "The partnership with Babajob will provide a great opportunity to advance our understanding of the labour market and improving skills matching.