Skill Demand Analysis Using Web Scraping and Text Mining Applications

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YEREVAN, Armenia – On November 25, Habet Madoyan and Vahe Movsisyan, faculty members at the American University of Armenia (AUA) College of Business and Economics, discussed their research project titled, “Skill Demand Analysis Based on Data from Online Human Resources (HR) Websites: Using Web Scraping and Text Mining Applications.” The event was part of CBE’s Research Seminar Series (Seminar #5).

The goal of the study is to use online job advertisements to assess skill demand in the Armenian job market. The study also covers the change in demand from different industries and for specific skills. The demand is analyzed by year, industry, and company type. The auxiliary goal of the study is to give HR managers and HR portals information on how the typical job post is composed and what are the most frequent sectors of job posts.

Vahe Movsisyan has been Economist-Statistician at the Statistics Department of the Central Bank for about 9 years and recently joined to the Economic Research Department. He teaches Applied Statistics at AUA. Habet Madoyan teaches Applied Statistics and Introduction to Data Mining at AUA. He is also co-founder and CEO of Datamotus, a company that provides data mining and statistical analysis services. He holds Ph.D. from National Academy of Science of RA and MBA degree from University of Missouri-Columbia

Founded in 1991, the American University of Armenia (AUA) is a private, independent university located in Yerevan, Armenia and affiliated with the University of California. AUA provides a global education in Armenia and the region, offering high-quality, graduate and undergraduate studies, encouraging civic engagement, and promoting public service and democratic values.