DEAD-END JOBS OR STEPPING STONES? THE LONG-RUN CONSEQUENCES OF EARLY INDUSTRY AND OCCUPATION

Dead-end jobs can be defined as a line of work in ones early work history that leads to lower long-run wages. This study shows how early lines of work predict long-run worker wages and finds that there are significant differences in this relationship based on the skill level of the worker. In general, service-producing lines of work appear to penalize long-run wages, especially for low-skilled workers. Low-skilled workers in retail food/foodservice lines of work rank about in the middle of the spectrum between dead-end jobs and stepping stones. Long-run wage potential is better in retail food/foodservice than in manufacturing/operative jobs. On the other hand, early experience in retail food/foodservice leads to lower long-run wages, all else equal, compared to early experience in a professional services industry (other than health) and a non-business professional occupation. Overall, this research provides evidence that early line of work matters to a workers long run wages at all skill levels; there is little difference between men and women. These results are based on analyzing data from the National Longitudinal Survey of Youth, 1979.Long term wages, early occupations, retail food, foodservice, Labor and Human Capital,

Harnessing the power of the general public for crowdsourced business intelligence: a survey

International audienceCrowdsourced business intelligence (CrowdBI), which leverages the crowdsourced user-generated data to extract useful knowledge about business and create marketing intelligence to excel in the business environment, has become a surging research topic in recent years. Compared with the traditional business intelligence that is based on the firm-owned data and survey data, CrowdBI faces numerous unique issues, such as customer behavior analysis, brand tracking, and product improvement, demand forecasting and trend analysis, competitive intelligence, business popularity analysis and site recommendation, and urban commercial analysis. This paper first characterizes the concept model and unique features and presents a generic framework for CrowdBI. It also investigates novel application areas as well as the key challenges and techniques of CrowdBI. Furthermore, we make discussions about the future research directions of CrowdBI

Site Selection Using Geo-Social Media: A Study For Eateries In Lisbon

Dissertation submitted in partial fulfilment of the requirements for the Degree of Master of Science in Geospatial TechnologiesThe rise in the influx of multicultural societies, studentification, and overall population growth has positively impacted the local economy of eateries in Lisbon, Portugal. However, this has also increased retail competition, especially in tourism. The overall increase in multicultural societies has also led to an increase in multiple smaller hotspots of human-urban attraction, making the concept of just one downtown in the city a little vague. These transformations of urban cities pose a big challenge for upcoming retail and eateries store owners in finding the most optimal location to set up their shops. An optimal site selection strategy should recommend new locations that can maximize the revenues of a business. Unfortunately, with dynamically changing human-urban interactions, traditional methods like relying on census data or surveys to understand neighborhoods and their impact on businesses are no more reliable or scalable. This study aims to address this gap by using geo-social data extracted from social media platforms like Twitter, Flickr, Instagram, and Google Maps, which then acts as a proxy to the real population. Seven variables are engineered at a neighborhood level using this data: business interest, age, gender, spatial competition, spatial proximity to stores, homogeneous neighborhoods, and percentage of the native population. A Random Forest based binary classification method is then used to predict whether a Point of Interest (POI) can be a part of any neighborhood n. The results show that using only these 7 variables, an F1-Score of 83% can be achieved in classifying whether a neighborhood is good for an “eateries” POI. The methodology used in this research is made to work with open data and be generic and reproducible to any city worldwide

The Role of Urban Mobility in Retail Business Survival.

Economic and urban planning agencies have strong interest in tackling the hard problem of predicting the odds of survival of individual retail businesses. In this work, we tap urban mobility data available both from a location-based intelligence platform, Foursquare, and from public transportation agencies, and investigate whether mobility-derived features can help foretell the failure of such retail businesses, over a 6 month horizon, across 10 distinct cities spanning the globe. We hypothesise that the survival of such a retail outlet is correlated with not only venue-specific characteristics but also broader neighbourhood-level effects. Through careful statistical analysis of Foursquare and taxi mobility data, we uncover a set of discriminative features, belonging to the neighbourhood’s static characteristics, the venue-specific customer visit dynamics, and the neighbourhood’s mobility dynamics. We demonstrate that classifiers trained on such features can predict such survival with high accuracy, achieving approximately 80% precision and recall across the cities. We also show that the impact of such features varies across new and established venues and across different cities. Besides achieving a significant improvement over past work on business vitality prediction, our work demonstrates the vital role that mobility dynamics plays in the economic evolution of a city

Predicting the temporal activity patterns of new venues

Estimating revenue and business demand of a newly opened venue is paramount as these early stages often involve critical decisions such as first rounds of staffing and resource allocation. Traditionally, this estimation has been performed through coarse-grained measures such as observing numbers in local venues or venues at similar places (e.g., coffee shops around another station in the same city). The advent of crowdsourced data from devices and services carried by individuals on a daily basis has opened up the possibility of performing better predictions of temporal visitation patterns for locations and venues. In this paper, using mobility data from Foursquare, a location-centric platform, we treat venue categories as proxies for urban activities and analyze how they become popular over time. The main contribution of this work is a prediction framework able to use characteristic temporal signatures of places together with k-nearest neighbor metrics capturing similarities among urban regions, to forecast weekly popularity dynamics of a new venue establishment in a city neighborhood. We further show how we are able to forecast the popularity of the new venue after one month following its opening by using locality and temporal similarity as features. For the evaluation of our approach we focus on London. We show that temporally similar areas of the city can be successfully used as inputs of predictions of the visit patterns of new venues, with an improvement of 41% compared to a random selection of wards as a training set for the prediction task. We apply these concepts of temporally similar areas and locality to the real-time predictions related to new venues and show that these features can effectively be used to predict the future trends of a venue. Our findings have the potential to impact the design of location-based technologies and decisions made by new business owners

Predicting the temporal activity patterns of new venues.

Estimating revenue and business demand of a newly opened venue is paramount as these early stages often involve critical decisions such as first rounds of staffing and resource allocation. Traditionally, this estimation has been performed through coarse-grained measures such as observing numbers in local venues or venues at similar places (e.g., coffee shops around another station in the same city). The advent of crowdsourced data from devices and services carried by individuals on a daily basis has opened up the possibility of performing better predictions of temporal visitation patterns for locations and venues. In this paper, using mobility data from Foursquare, a location-centric platform, we treat venue categories as proxies for urban activities and analyze how they become popular over time. The main contribution of this work is a prediction framework able to use characteristic temporal signatures of places together with k-nearest neighbor metrics capturing similarities among urban regions, to forecast weekly popularity dynamics of a new venue establishment in a city neighborhood. We further show how we are able to forecast the popularity of the new venue after one month following its opening by using locality and temporal similarity as features. For the evaluation of our approach we focus on London. We show that temporally similar areas of the city can be successfully used as inputs of predictions of the visit patterns of new venues, with an improvement of 41% compared to a random selection of wards as a training set for the prediction task. We apply these concepts of temporally similar areas and locality to the real-time predictions related to new venues and show that these features can effectively be used to predict the future trends of a venue. Our findings have the potential to impact the design of location-based technologies and decisions made by new business owners