Frog Company Provides Job Data for Economic Report by Cabinet Office

Frog Company’s Contribution to the Cabinet Office Economic Report

Frog Co., Ltd. (headquartered in Chiyoda, Tokyo, CEO: Koko Sakano) is proudly announcing that its extensive job big data has been utilized in the "Annual Economic and Fiscal Report for FY2023" by the Cabinet Office. This significant report discusses the critical challenges of transitioning to a growth-oriented economy and highlights the evolving job market landscape.

Analysis of Job Market Dynamics

Coverage in the Report

Frog's data appears specifically in Chapter 2 of the report, titled "Changes in Economic Structure and Their Impact on Households," underscoring the increasingly complex dynamics within the job market. The relevant sections include:

- Section 2: Changes in Labor Demand and the Job Market
- Section 3: Time and Labor Supply

As Japonese companies continue to grapple with labor shortages, the environment surrounding recruitment and job markets is evolving. The report highlights a shift where traditional channels like Hello Work (a public job placement service) are supplemented by private recruitment agencies and online job advertisements, emphasizing the growing importance of analyzing the private job market.

Influences of New Technologies

Emerging technologies, particularly AI and information technologies, are altering the profiles of people companies seek to hire. This economic report integrates not only Hello Work data but also big data derived from online job postings, covering aspects such as job roles, salaries, and the status of job fulfillment across private advertisements.

Insights from the Analysis

The report provides intriguing insights from the analysis of Frog's job big data, including:

- A higher occurrence of job postings related to information and technology (AI, IT) in private job advertisements compared to public listings.
- Average salaries for both part-time and full-time positions tend to be higher in private recruitment ads than in Hello Work.
- In cases where job roles have similar characteristics, those postings offering higher salaries or benefits also tend to have better fulfillment rates.
- Occupations in sales and clerical work generally fill more quickly, while IT engineers and specialized roles often take longer to fill.
- Regional variations affect the number of job postings available within commuting distances, limiting choices for job seekers in certain areas.

Future Outlook

The continuous collection and analysis of online job information will provide a more nuanced understanding of labor demand throughout the private sector. Frog's services encompass a wide range of data points including job types, responsibilities, wages, benefits, locations, and employment formats. This robust data set allows for more comprehensive monitoring of employment trends that traditional statistics might overlook.

Frog is committed to visualizing labor market trends through its big data and plans to support government sectors, research institutions, and media outlets in analyzing and disseminating information about Japan's evolving job market.

About Frog Co., Ltd.

Frog Company has a mission to leverage job big data for informed business decision-making. With a decade of experience in collecting domestic job data, Frog has amassed over 6 billion job postings, making it an invaluable resource for various clients. Their comprehensive approach aids in visualizing labor market dynamics, supporting informed decision-making in hiring practices.

Company Profile

- Name: Frog Co., Ltd.
- Location: Urban Square Kanda Building, 1-18 Kanda Susasaki, Chiyoda, Tokyo 101-0041
- CEO: Koko Sakano
- Established: January 5, 2021 (spun off from GoList Inc.)
- Business Focus: Job big data services
- Website: hrog.co.jp

Job Big Data Overview

Frog commenced its job data acquisition through web crawling in 2014 and now holds over 60 billion job postings from more than 250 sites across Japan. This database is invaluable for industries needing market analytics, sales leads, and hiring trends. It has also gained traction among government organizations and media outlets as a reference for economic indicators, positioning Frog's data as a next-generation asset for understanding Japan's hiring landscape.

Provided Services

- HRog List for Academia: Alternative data services for government and research bodies.
- HRog List: Job corporate listing services for the HR sector.
- HRog Chart: Analytical tools for HR professionals.
- HRog Media: Illuminating insights for the HR industry.