{"id":12691,"date":"2020-07-20T17:31:37","date_gmt":"2020-07-20T21:31:37","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=12691"},"modified":"2020-07-20T17:31:37","modified_gmt":"2020-07-20T21:31:37","slug":"job-postings-through-july-17","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2020\/07\/20\/job-postings-through-july-17\/","title":{"rendered":"Canadian Job Postings Through July 17: Back in Gear"},"content":{"rendered":"\n<p><em>This post is updated as of July 20, reflecting data through July 17. We will be regularly updating this data as we track how COVID-19 impacts the global labour market.&nbsp;<\/em><\/p>\n\n\n\n<p><strong>Key points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>As of July 17th, the trend in total job postings on Indeed Canada stood at 31% below last year\u2019s pace, continuing their gradual, but incomplete rebound.&nbsp;<\/li><li>The gap in new postings narrowed slightly to 17% below 2019\u2019s path from -23% a week earlier, bouncing back after momentum slowed at the start of July.&nbsp;<\/li><li>Total postings are closer to their 2019 trends in areas like health care, software development, as well as retail, and construction (the latter two seeing strong rebounds since early May).&nbsp;<\/li><li>Meanwhile, opportunities are weaker in areas of the economy hit hard by the crisis, such as food services, as well as several white collar sectors like accounting, and human resources.<\/li><\/ul>\n\n\n\n<p>Total job postings on Indeed Canada edged up compared to last year\u2019s trend last week, as of Friday, July 17th, standing 31% below 2019 levels. The gap was -33% the previous Friday, and -49% in early-May. The pace of improvement picked up a bit after decelerating over the prior two weeks.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/CDY3iTXU4HP0wypTZUxwLf_ua8i0AduIbCHtk8MxB0w4t8E2JFqUGiXHDTWy5sCGj1QH0l3HcM9GjzV6_En7hfS9V4qBACDxNSFC73Ck_KD43gjgajsvJEaO9sm-7_LBGWqaef_5\" alt=\"Line graph shows Canadian job postings gradually recovering.\"\/><figcaption>Line graph titled \u201cCanadian job postings gradually recovering\u201d. With a vertical axis of -60% through 10%, the graph shows Indeed Canada total job postings, 2020 vs 2019 % gap in trend through July 17 (Indexed to Feb-01, 7-day avg.). Data labels highlight every-other Friday since mid-March. Canadian job postings took a hit, with the % gap going all the way down to 49% in April and May. They started recovering in May, and by July 10 were up to -31%. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p>The slightly-faster narrowing of the total postings gap reflected a rebound in momentum in new postings. The trend in new postings narrowed to 17% below last year\u2019s level, compared to -23% the week prior. The rebound in new postings trend had reversed somewhat in early July, but has since perked back up, edging out the previous smallest gap reached on June 28th. The rate at which new jobs are being posted is currently sufficient to maintain the recovery in total job postings, helping improve the outlook for Canadian job seekers.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/zhgDkmrtM9HHDdd6Nm9ZKeSAcZmvex9rIZa370Oj0dsH5P6gxulT-pJOlHrjE9B53B8UPPRsT9H9RjVc39Qz7EBL2LfbjyBETLNYn-ABHAcTleA64U2Mw6JShT6wCn4Rydhl1dOe\" alt=\"Line graph shows new job postings perk up after a pause in the recovery.\"\/><figcaption>Line graph titled \u201cNew job postings perk up after a pause in the recovery\u201d. With a vertical axis ranging from -75% through 30%, the graph shows Indeed Canada new job postings, 2020 vs. 2019 % gap in trend through July 17 (Index to Feb-01, 7-day avg.) Data labels highlight every-other Friday since mid-March. On Feb 14, the % gap was 15%. In March, it started declining and reached -70% on April 17. The gap increased to -21% by mid-June, and after a pause trended upward again to -17% in mid-July. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p><strong>Hiring appetite closer to \u2018normal\u2019 in smaller provinces<\/strong><\/p>\n\n\n\n<p>While no provinces have fully closed the gap in total postings compared to last year\u2019s trend, progress has been made across the country. As has been the case throughout the pandemic, job posting trends are closer to 2019 levels in smaller provinces than larger ones, generally consistent with <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/200710\/cg-a003-eng.htm\">employment changes since February<\/a>. The one exception is Quebec, which is further from last year\u2019s path despite more robust employment numbers, primarily reflecting a stronger job posting trend in 2019, rather than weaker momentum this year.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/P7Inlv5IxuKI42PgPdwGTWjAsqNmi-3N7e8z61IcJcwQv9j1KcJt2IHlyK160ap5MkyO-AWihsfB_fVxR9jRe7H9nNI5Z542Cf-zLS4zjNj4bcXRJQ6Q_AK8U1mINk0WGoJT7Ohh\" alt=\"Table shows total postings closer to last year's trend in smaller provinces.\"\/><figcaption>Table titled \u201cTotal postings closer to last year\u2019s trend in smaller provinces.\u201d The table compares the Indeed Canada total job postings: 2020 vs 2019 % gap in trend through July 17 (7-day avg.) and the ppt. chg since May 9, between 11 provinces. Canada total\u2019s % gap in trend is -31% and +18% ppt. Chg. The smallest gap is P.E.I., with -14% and a +36% ppt. chg. The largest gap is Quebec with -34% and a +15% ppt. chg. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p><strong>Retail and construction have both seen major rebounds<\/strong><\/p>\n\n\n\n<p>Job opportunities have improved in nearly all sectors since the gap in total postings bottomed, but momentum varies. Some sectors where hiring appetite looks relatively strong, at least compared to the overall average, are those that didn\u2019t experience sharp declines in March and April, despite seeing limited rebounds since. Included here are healthcare related areas like nursing, and personal care and home health, as well as software development. Meanwhile, strong rebounds in sectors like construction and retail have brought postings closer to their 2019 trends than elsewhere.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/YCGePNU1MtedFqRdm6snKhchjfQjX0mtNw_Tu3x4-2iXCvFUQsEX8oXsds_TsgiItQaWqEEq8xm3YSamyOzPZxUp-zqs4JJ98LiQr2rNsoJjltJZDYuwnH0LIxgIlwp7aKP21roF\" alt=\"Table shows sectors with relatively narrow job postings gaps are showing different degrees of momentum.\"\/><figcaption>Table titled \u201cSectors with relatively narrow job posting gaps are showing different degrees of momentum.\u201d The table compares sectors with a smaller gap than average, a gap similar to economy average, and a wider gap than average. In sectors with a smaller gap than average, the ppt. chg since May 8 varies significantly, with a 23% difference between Nursing and Software Development (-8%) and Construction (-31%). The sectors with a gap similar to economy average have a ppt. chg difference of 13%, and those with a wider gap than average have a 8% difference. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p>A wide range of sectors have job postings trends at a similar distance from their 2019 levels as the economy-wide average. These include installation and maintenance, driving (which includes truck drivers), management, as well as IT operations and helpdesk. While the former two have seen relatively large rebounds since early May, the latter two fell less than average earlier in the crisis.&nbsp;<\/p>\n\n\n\n<p>Lastly, posting gaps are currently wider than the overall average in several sectors. Some are areas that have been hit harder by the pandemic like sports (which includes fitness instructors and coaches), as well as food preparation and service. Others are in more white-collar areas such as accounting, as well as human resources.<\/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.<\/p>\n\n\n\n<p><strong>Methodology<\/strong><\/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><\/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><\/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><\/p>\n\n\n\n<p><em><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>New postings perk up after recovery paused for a few weeks.<\/p>\n","protected":false},"author":38,"featured_media":14094,"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-12691","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 July 17: Back in Gear - 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