For example, workforce analytics enabled a large distribution company to analyze historical information and use it to optimize its labor force by scheduling the right mix of full-time, part-time and temporary labor on a variety of schedules.

FORBES: Work Smarter: How Big Data Can Boost Labor Performance

Judged against the labor force participation we would have at full employment (67.3%), the true jobless rate right now is 13.2%.

FORBES: Endless Recessions, Jobless Recoveries