- Remote work continues to be durable as searches for remote work and job postings advertising remote options remain elevated on Indeed.
- However, the remote share of Indeed job postings has declined from 9.8% in February of this year to 8.8% in August.
- This drop primarily reflects the relative weakness in job postings for certain roles more likely to advertise remote work, such as tech jobs, not a significant and broad-based pullback of remote postings.
Remote work endures
Interest in remote work endures in the US labor market. Searches for remote work were 9.7% of all searches on Indeed in August, almost five times the share in February 2020.
Remote job opportunities in the US are still relatively abundant. Some 8.8% of job postings on Indeed advertised remote work options in August 2022, up from 2.7% on average in 2019.
Job postings are falling fast in remote-friendly sectors
While remote job postings are a much larger share of all postings than before the pandemic, the remote share has declined from its peak in February. However, this downward trend reflects mainly a sharper hiring pullback in sectors that are more likely to advertise remote work. Some of the most aggressive declines in Indeed job postings are happening in remote-friendly sectors such as Software Development, Information Design & Documentation, and Media & Communications.
But remote work is holding up despite a decline in hiring appetite
Take the Software Development sector, for example. Hiring appetite for these jobs is still elevated compared to pre-pandemic levels, but it has faded in recent months. Job postings on Indeed for this sector have declined by over 17% since the beginning of this year through September 2. At the same time, the remote share of postings in the sector has fallen only 0.6 percentage points to 38%.
There are fewer advertised remote job postings in the aggregate than earlier this year. But that shift is mostly the result of fewer postings in remote-friendly fields than a broader move away from touting remote work. Perhaps employers will change their tune on remote work if the labor market significantly cools off, but for now, job seekers have a relative abundance of remote-friendly options.
We identify job postings as open to remote work if the job title or description includes terms like “remote work,” “telecommute,” “work from home,” or similar language, or if the location is explicitly listed as remote. These postings include both permanent and temporarily remote jobs, though employers often don’t specify.
We calculate the remote share of postings on a daily basis. When reporting data on specific months we present the monthly mean of the daily series
Data on seasonally adjusted Indeed job postings are the percentage change in seasonally adjusted job postings since February 1, 2020, using a seven-day trailing average. February 1, 2020, is our pre-pandemic baseline. We seasonally adjust each series based on historical patterns in 2017, 2018, and 2019. We adopted this methodology in January 2021. Data for several dates in 2021 and 2022 are missing and were interpolated. Non-seasonally adjusted data are calculated in a similar manner except that the data are not adjusted to historical patterns.
The number of job postings on Indeed.com, whether related to paid or unpaid job solicitations, is not indicative of potential revenue or earnings of Indeed, which comprises a significant percentage of the HR Technology segment of its parent company, Recruit Holdings Co., Ltd. Job posting numbers are provided for information purposes only and should not be viewed as an indicator of performance of Indeed or Recruit. Please refer to the Recruit Holdings investor relations website and regulatory filings in Japan for more detailed information on revenue generation by Recruit’s HR Technology segment.