{"id":12523,"date":"2020-05-05T08:01:31","date_gmt":"2020-05-05T12:01:31","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=12523"},"modified":"2020-05-05T08:01:31","modified_gmt":"2020-05-05T12:01:31","slug":"ca-postings-through-may-1","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2020\/05\/05\/ca-postings-through-may-1\/","title":{"rendered":"Canadian Job Postings Through May 1: Holding Steady"},"content":{"rendered":"\n<p><em>This post is updated as of May 5, reflecting data through May 1. We will be regularly updating this data as we track how COVID-19 impacts the global labour market. This post uses updated methodology from previous posting updates, meaning results may not be directly comparable to previous versions.&nbsp;<\/em><br><\/p>\n\n\n\n<p>Job postings on Indeed Canada held steady last week compared to 2019 for a second consecutive week. After declining precipitously between mid-March and mid-April, the trend in Canadian postings stood at 49% below last year\u2019s level on May 1st, where it\u2019s been since April 19th. The dramatic decline in employer hiring interest since the acceleration of the COVID-19 crisis looks to have plateaued, at least for now.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/12\/2020\/05\/May1_update_G1-1024x560.png\" alt=\"Line graph shows Canadian job postings hold steady for a second week\" class=\"wp-image-12529\"\/><figcaption>Line graph titled \u201cCanadian job postings holds steady for a second week.\u201d With a vertical axis of -60% to 10%, the graph shows Indeed Canada total job postings, 2020 vs 2019 % gap in trend through May 1 (Indexed to Feb-01, 7-day avg.) Data labels highlight every-other Friday. The gap was at 0% on February 14, and started dropping in March. By the end of April and into May, the gap was -49% for two straight weeks. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p>Helping keep total postings steady has been a modest rebound in new postings that have been on Indeed a week or less. After plunging to 70% below last year\u2019s trend in mid-April, new postings have crept up over the past two weeks, the trend now standing at 53% below 2019 levels. The current pace at which employers are adding new job postings now appears to be sufficient to match the rate at which existing ones are being filled or taken down. However an additional pickup will likely be necessary for a material improvement in the outlook for Canadian job seekers. We\u2019ll be watching closely for signs of further increases as provinces start <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.ctvnews.ca\/health\/coronavirus\/the-new-normal-begins-where-each-province-and-territory-stands-with-reopening-1.4913652\" target=\"_blank\">gradually re-opening their economies<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/12\/2020\/05\/May1_update_G2-1024x560.png\" alt=\"Line graph shows new job postings have perked up from their mid-april lows\" class=\"wp-image-12530\"\/><figcaption>Line graph titled \u201cNew job postings have perked-up from their mid-April lows.\u201d With a vertical axis of -75% to 30%, the graph shows Indeed Canada new job postings, 2020 vs 2019 % gap in trend through May 1 (Indexed to Feb-01, 7-day avg.) Data labels highlight every-other Friday since mid-March. The gap was at 15% on February 14, and started dropping in March. By mid-April, the gap was -70%. The gap started to rise at the end of April, reaching -53% by May 1. Caption added post-publication.&nbsp;<\/figcaption><\/figure>\n\n\n\n<p><strong>Postings holding steady across provinces<\/strong><br><\/p>\n\n\n\n<p>Job postings have held steady across provinces in recent weeks. Besides P.E.I. (down 3.1 percentage points since April 17), no other province has seen its gap relative to last year move more than two percentage points in either direction since mid-April. Overall, declines have been slightly less in less-populous provinces, while Alberta remains furthest from last year\u2019s trend, where the economy is dealing with both the COVID-19 shock, and knock-on effects from the recent plunge in oil prices.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/12\/2020\/05\/May1_update_G3-1024x696.png\" alt=\"Table shows job postings are down across provinces\" class=\"wp-image-12532\"\/><figcaption>Table titled \u201cJob postings are down across provinces.\u201d The table compares the Indeed Canada new job postings: 2020 vs 2019 % gap in trend through May 1 (7-day avg.) between 9 provinces. Canada\u2019s total % gap in trend is -49%. The smallest gap is Alberta, with -54%. The largest gap is Nova Scotia with -40%. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p><strong>Personal services among the hardest hit, health care among the least<\/strong><br><\/p>\n\n\n\n<p>At the broad sectoral level, job posting trends are tracking below 2019 levels across the entire Canadian economy. With the economy-wide posting trend down 49% from 2019, the sectors doing \u201crelatively well\u201d are ones with gaps down less than 35% from last year\u2019s path. Continuing patterns seen in recent weeks, hiring intentions have held up to a greater degree in areas of the healthcare sector, like personal care and home health, which employs support workers and healthcare aides, as well as in nursing. Job posting trends have also declined less than average in security and public safety (which includes security guards), as well as in software development.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/12\/2020\/05\/May1_update_G4.png\" alt=\"Table shows some sectors hit harder than others\" class=\"wp-image-12533\"\/><figcaption>Table titled \u201cSome sectors hit harder than others.\u201d The table shows the 2020 vs 2019 % gap in trend through May 1 (7-day avg), comparing sectors with a smaller than average decline, declines similar to economy average, and larger than average decline. The sectors with larger than average declines are Hospitality &amp; Tourism (-60%), Marketing (-61%), Food Preparation &amp; Service (-64%), and Beauty &amp; Wellness (-69%). Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p>On the flipside, many of the sectors that have seen the largest drop-offs in posting trends are in personal services requiring face-to-face interaction. These include hospitality and tourism, food preparation and service, as well as beauty and wellness (which include massage therapists and hairstylists). With consumer spending down across many areas of the economy, job postings in marketing are also down sharply compared to last year\u2019s trend.<br><\/p>\n\n\n\n<p>Meanwhile, posting trends have followed a similar path as the overall economy across a range of sectors. Banking and finance, arts and entertainment (which includes artists and designers), and civil engineering. Neither finance nor construction, saw particularly large employment declines in the March Labour Force Survey, suggesting job losses in the April numbers could be broader based than the month prior. Lastly, the posting trend for retail-related positions is down similarly to the national average, likely reflecting sharp declines at non-essential retailers, including <a href=\"https:\/\/www.hiringlab.org\/en-ca\/2020\/04\/20\/job-seekers-reacting-current-realities\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">at shopping malls<\/a>, partly offset by demand for grocery store workers.&nbsp;<br><\/p>\n\n\n\n<p>The public health situation and its economic spillovers continue to change on a daily basis. We\u2019ll be regularly updating this data as conditions evolve.<br><\/p>\n\n\n\n<p><strong>Methodology<\/strong><br><\/p>\n\n\n\n<p><em>To measure the trends in job postings, we calculated the 7-day moving average of the number of job postings on Indeed Canada. We index each day\u2019s 7-day moving average to the start of February (Feb 1, 2020 = 100 for 2020 data, and so on).<\/em><br><\/p>\n\n\n\n<p><em>We report how the trend in job postings this year differs from last year, in order to focus on the recent changes in labor market conditions due to COVID-19. For example: if job postings increased 30% from February 1, 2019, to April 10, 2019, but only 20% from February 1, 2020, to April 10, 2020, then the index would have risen from 100 to 130 in 2019 and 100 to 120 in 2020. The year-to-date trend in job postings would therefore be down 7.7% on April 10 (120 is 7.7% below 130) in 2020 relative to 2019.<\/em><br><\/p>\n\n\n\n<p><em>For new postings, we calculate a similar metric but the underlying measure is the number of postings that have been on Indeed for seven days or less.<\/em><br><\/p>\n\n\n\n<p><em>Infor<em>The number of job postings on\u00a0<a href=\"http:\/\/indeed.com\/\">Indeed.com<\/a>, 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\u2019s HR Technology segment.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian job postings remain 49% below last years trend.<\/p>\n","protected":false},"author":38,"featured_media":14067,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"post_mwm_category":[709],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[670],"class_list":["post-12523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post_mwm_category-coronavirus","post_mwm_author-bbernard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canadian Job Postings Through May 1: Holding Steady - 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