THE IMPACT OF EMPLOYMENT WEB SITES’ TRAFFIC ON UNEMPLOYMENT: A CROSS COUNTRY COMPARISON

Abstract

Although employment web sites have recently become the main source for recruitment and selection process, the relation between those sites and unemployment rates is seldom addressed. Deriving data from 32 countries and 427 web sites, this study explores the correlation between unemployment rates of European countries and the attractiveness of country specific employment web sites. It also compares the changes in unemployment rates and traffic on all the aforementioned web sites. The results showed that there is a strong correlation between web sites traffic and unemployment rates.

Keywords

• Unemployment, Job Market, Cross-Country Market, Data Mining, Time Series Analysis

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