System and method for estimating workforce talent supply

Abstract

Systems and methods for estimating workforce talent supply. Candidate resumes are received in electronic form and expressed in natural language. The natural language expression of the candidate resumes is analyzed to extract elements expressed in candidate resumes and to convert extracted elements into a normalized form. A sampling database of candidates is built using normalized form of elements produced by the analysis of candidate resumes to provide an element-level description of each candidate in the sampling database. Data from the U.S. Bureau of Labor Statistics (BLS) is used to determine the national supply of workforce talent by occupation, and the national or regional workforce supply of talent is estimated at an element level by statistically extrapolating the information in the sampling database in accordance with the BLS data.

Dependencies are inferred from the claim text.