Analyzing Labor Data Via Facebook Status
from the the-power-of-public-status dept
Sean over at the 463 blog has a cool post comparing mentions of "hired" vs. "laid off" on Facebook wall postings, and noticed a bit of a trend:
Who knows if it's really indicative of anything in terms of whether the "worst" of the recession is over, but what I found worth noting was how cool it is that we can even analyze such data. Traditionally, trying to get a sense of whether or not more folks were getting laid off than hired, you were pretty much limited to various official stats that would be released. But thanks to the fact that people now share such things via Facebook or Twitter status, you suddenly can get at least a proxy bit of data. Now, there are obvious caveats, including the fact that the population on Facebook is clearly not a representative sample of the wider population (and, many of those most impacted by layoffs are probably least likely to be on Facebook), so I wouldn't go tossing aside national labor stats just yet -- but it is a sign of the new types of data that can increasingly be built from the fact that people are now sharing status information publicly.