By Charles Thibault on October 30, 2009 in Employer Watch.
Every day, WANTED's web spiders crawl through employment websites, capturing new job ads. Our proprietary technology removes duplicates, normalizes critical analytical components (Standard Occupation Codes, standard Census Bureau location codes), appends established third party data elements (D&B DUNS), and organizes the lot in a robust data warehouse.
By mining the 4-plus years of data accessible through Analytics 2.0 and using statistical techniques, WANTED can detect when companies increase their Hiring Demand – a "Gazelles alert". The Gazelles Report lists and details company's with spikes or upward trends in their levels of recruitment advertising.
Every week, we feature five companies appearing in the Gazelles Report, with a bias towards publicly traded companies.
Acxiom Corporation was a top gainer on the NASDAQ on October 29th (NASDAQ:ACXM). Acxiom has almost tripled its Hiring Demand since May, going from 31 available jobs a week to 91 available jobs a week. Acxiom is "the global leader in interactive marketing services" according to its website, and Hiring Demand for the three main types of workers it hires has also tripled since May (Marketing Managers, Sales Managers, and Computer Systems Analysts). The correlation between Acxiom Corporation stock price and its Hiring Demand has been 0.77 over the past four years. Looking at the graph, investors would have known that something was up as early as February 2007 – it's stock only took a hit six months later. More recently, as Hiring Demand had tripled, its stock had been trading between $9 and $10. It jumped by $1.50 to $11.50 during Thursday's trading.

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