The Indeed Hiring Lab tracks employment trends in the Transportation vertical, analyzing the latest Indeed and Bureau of Labor Statistics data. We look at overall labor market trends, and then dive deeper into job postings trends in various Transportation occupational categories. Finally, we dive into recent trends relating to employers’ advertisement of signing bonuses.
- Overall demand for workers remains strong but continues to edge down
- Warehousing job postings ticking down while driver postings remain flat
- The Driver labor market remains incredibly tight, with more postings offering signing bonuses
- Warehousing roles continue to receive less interest from job seekers
Indeed job postings
So far this year Indeed job postings have shown signs of a slight cooling and this certainly extends into the third quarter of 2022. However, demand for workers remains quite strong. As of August 12th, Indeed job postings are 51.7% above their pre-pandemic baseline.
Transportation job postings
Job postings in the transportation space are moderating in step with the overall labor market. Loading & Stocking (72.8% above pre-pandemic baseline) and Logistic Support (72.3%) postings have lost considerable ground this year. Driving (42.1%) postings, while volatile, are more or less at the same level from the start of the year.
In recent research the Indeed Hiring Lab focused on employers’ advertisement of signing bonuses in job postings, which is something that has become more common in the current tight labor market. Signing bonuses were common in driving roles in 2019 and have only become more so. In July of 2022 Driving roles had the second highest share of job postings advertising extra pay upon hire, after Nursing, which shows how in-demand these workers are.
Job seeker interest
The Indeed Hiring Lab’s Relative Job Seeker Interest measure gives a sense of how job seeker interest in different roles has changed over time. Loading & Stocking postings, essentially warehousing, have been getting less interest from job seekers through much of the pandemic, and that trend extends into the third quarter of 2022.
For more labor market insights from the Indeed Hiring Lab, follow along on our blog at hiringlab.org.