After following and referencing industry reports for more than a decade, we are generating Skills Label Insights reports sourced from our own data and highlighting one of our key indicators, Skill PointsSM.
We offer a few advantages from some of these other reports. The derivations are not from surveys or social media. Our platform:
- Not only defines jobs in skills but also quantifies them in past experience expectations and first year application in time and Skill Points.
- Legible to everyone, learners, job seekers and employers. The goal is to establish an understanding between all participants of the learning, training and hiring process (not the size of the skills database).
These are three of the initially released reports. All the are downloadable as a PDF from the website Skills Label Insights
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2024-April |
Top 5 Technical and Transferable Skills |
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2024-May |
Skill Points Progression from Tier 1 to Tier 5 |
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2024-June |
6 Tier 1 Jobs with Applied Skill Points and Usage Rates |
The first report is sensible. Our top transferable skill Analytical Thinking “remains the most sought after core skill” among employers according to The Future of Jobs Report 2025, a survey from the World Economic Forum representing 1,000 leading global employers. The top five technical skills, the three data skills (data interpretation, data monitoring, and quality control analysis) are effective across most industries. Python is one of the top 3 programming languages and is used significantly in machine learning and AI. Project Management is required for most jobs.
The second report shows skill requirements represented as Skill Points following a typical progression from Tier 1 (entry level) to Tier 5 (management).
The rationale behind Skill Points algorithm (reported in thousands here) is clearly stated in the patent as a table (there is a link to the patent on the website), but basically, 1M Skill Points suggests mastery of skill. There are links to five Job Titles from each skill's derivation (this is only a sample, some reference up to 50 jobs).
The third report shows 6 Tier 1 (entry level) Jobs with First Year Application of Skill Points and Usage Rates. In another interpretation on Job Labels (and Task and Project Labels), Skill Points (shown in thousands) are derived based on Usage Rates of the skill applied in the first year. Beyond signaling to a prospective candidate what they will be doing, they also provide another possible evaluation.
The rationale is a young adult might not possess the 'de facto degree for the job', but could get or possesses the skills to apply them on the job.
This is a link to our catalog of Job Labels https://www.skillslabel.com/Catalog/JobTemplates