Latest Taxonomy Helps Workforce Experts Map New Occupations & Align on Dynamic Labor Market Shifts with Real-time Jobs DataMOSCOW, Idaho, April 15, 2025 /PRNewswire/ -- Lightcast , the trusted provider of global labor market data, analytics, and expert guidance, today launched its latest Lightcast Occupation Taxonomy (LOT), the only global occupation taxonomy that sets the universal standard for labor market occupation and classification data.In its 7th generation, the LOT provides a granular, contextual framework derived from real-world job postings, employee profiles, and official government statistics that brings consistency and structure to workforce data. This global standardization across 1,800+ specialized occupations, 800+ core occupations, 180+ occupation groups, and 28 career areas ensures employers, researchers and policymakers 'speak the same language' internally, across systems, divisions, and ecosystem partners. This reduces ambiguity and streamlines workforce planning by ensuring consistency in occupations, job roles and careers regardless of variations in geography or language.Real-time Data for a Fast-changing MarketWith the labor market changing rapidly, organizations, government agencies and educational institutions need timely data on the evolving roles, titles and skills to keep pace with hiring, training, workforce planning and career development. The World Economic Forum predicted that as many as 85 million jobs could be displaced by labor shifts, and Lightcasts' own data shows that one-third of the skills required for the average job have changed over the last three years, driven by new fields like Generative AI, green technology and cybersecurity."Having the Lightcast Occupation Taxonomy translated across countries is essential for our work on the annual Stanford AI Index Report , including our recently released 8th edition," said Nestor Maslej, research manager at Stanford's Institute for Human-Centered Artificial Intelligence. "We are proud to partner with Lightcast to deliver an in-depth, country-level comparison and longitudinal analysis of AI-related jobs, which is possible because of the granularity and up-to-date data Lightcast is known for."While other taxonomies are geography-specific and generally updated only every five to 10 years, the LOT uses real-time data from current job postings worldwide to reflect the latest occupations and emerging specializations, including 25 new specialized and niche roles. This, alongside Lightcast's decades of labor market data and proprietary models, classifiers and AI provides curated categorization across both demand and supply data.The Universal Standard for Labor DataAlready trusted by thousands of global enterprises, educational institutions, government agencies and industry partners, the LOT provides more depth than other taxonomies that Lightcast competitors rely solely on SOC, ISCO, O*NET and NOC across key metrics:Global reach : LOT is the only global taxonomy enabling direct comparisons across regions and industries

Business leaders can now assess existing employee skills and proactively plan for an AI-augmented workforceVANCOUVER, BC, March 27, 2025 /PRNewswire/ -- Visier , the globally recognized leader in Workforce AI solutions, announced today the launch of an Open Skill Initiative (OSI), in collaboration with founding partners TechWolf , Fuel50 , Lightcast , and Revelio Labs. The OSI is a group of best-in-class workforce skills intelligence providers joining forces to transform how businesses address critical skills challenges driven by AI adoption in the workplace and surging retirement numbers.By integrating data from the skills intelligence providers with Visier's people data platform, business leaders can rapidly gain the deep insights into their workforce's capabilities needed to meet current goals and prepare for an AI-driven future. Using Visier's Vee, a natural language AI interface, business leaders can answer critical questions about employee skills and other vital employee information such as:Which skill gaps are the highest priority to solve today?Who will be retiring this year and who has the skillset to replace the work they do?Which strategies will be most effective in closing my skill gaps, e.g. automation, upskill, retrain, transfer employees, or hire new?According to Gary Russo, Executive Director of Workforce Intelligence at Providence Health & Services, "Bringing together people analytics and skills data will help us innovate in our sourcing and career pathing strategy, ensuring we have reliable sources of the right talent with the right skills, now and into the future.""The rapid introduction of AI across every department in organizations is accelerating the need for worker upskilling and reskilling," said Keith Bigelow, Senior VP and Chief Product Officer at Visier. "By combining comprehensive workforce analytics and planning with skills information, Visier helps companies agilely adapt and create a future-ready workforce."Whether designing current or future AI-enabled workforces, seamless information exchange within the OSI framework will accelerate decision-making for business leaders. It will help organizations complete the critical steps of continuous workforce planning within enterprise and strategic organizations