{"id":12844,"date":"2020-10-21T11:58:28","date_gmt":"2020-10-21T15:58:28","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=12844"},"modified":"2020-10-21T11:58:28","modified_gmt":"2020-10-21T15:58:28","slug":"job-postings-through-oct-16","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2020\/10\/21\/job-postings-through-oct-16\/","title":{"rendered":"Canadian Job Postings Through October 16: Progress Slows, but Not Retreating"},"content":{"rendered":"\n<p><em>This post is updated as of October 20, reflecting data through October 16. 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 October 16, total job postings on Indeed Canada stood 15% below last year\u2019s trend, minor improvement from the week prior.&nbsp;<\/li><li>New job postings eased to 2% below last year\u2019s trend after exceeding the 2019 path the week before.<\/li><li>While momentum has been a bit softer in October, the recent upswing in new COVID-19 cases hasn\u2019t derailed the ongoing rebound in overall job postings.<\/li><li>That said, momentum has been weaker in certain pandemic-exposed sectors like food preparation and service, and sports, than the rest of the economy.<\/li><\/ul>\n\n\n\n<p>Total job postings on Indeed Canada held fairly steady compared to last year\u2019s trend, as of Friday, October 16, standing 15% below 2019 levels, edging up slightly from the week prior. The minor closing of the gap reflected a slight uptick in this year\u2019s trend combined with last year&#8217;s trend edging down. Progress has slowed a bit over the first half of October, after job postings had a strong showing September.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/yLLTEo5PLULn5-iE-lTj70ctbqZgZLVaFA2isoDVscv_CNYLBcfAx5_rOGK6NQ7QuO2rs03V9r-uCa5USIRATDU_jhe6oS2bhHdb9fnlg4sX-mWVLlnAY3tC1lAduWOdd5FxMHJN\" alt=\"Line graph showing recovery for canadian job postings continues recovery but pace is slowing\"\/><figcaption>Line graph titled &#8220;Canadian job postings recovering, but pace might be slowing.&#8221; With a vertical axis ranging from -60% to 10%, Indeed tracked the percent gap in total job postings trend between 2020 and 2019 along a horizontal axis ranging from February 7 to October 16. As of October 16, 2020, the trend is 15% below 2019 levels. Cation added post-publication.<\/figcaption><\/figure>\n\n\n\n<p><strong>New postings cool, with Thanksgiving adding some volatility<\/strong><\/p>\n\n\n\n<p>The roughly flat total postings gap reflected a bit less momentum in new postings, which eased to 2% below last year\u2019s trend, down from 4% above the week prior. The slight deterioration in relative new postings reflected declines in both years, surrounding Thanksgiving. Given the typical volatility in new postings around public holidays, it\u2019s tough to take much away from these trends. Overall, the recent pace that new jobs are being posted has been sufficient to keep total postings moving in the right direction, but an upswing in new COVID-19 cases puts this progress in jeopardy.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/vAZ2gi5AEfHN6GnR1YrX9A2JvQe2EDnW8DWsqCbqjtmOKnrQONkGdmsXFC-oWrokZzEl5RIJOKlgOj0LYShMstNyJrMXVcBjMRdNgCP90hT8yB9-YxnJBcPfFn2HKZd7G5XoSns_\" alt=\"Line graph showing the new job posting trend getting back to normal since pandemic\"\/><figcaption>Line graph titled &#8220;New job posting trend getting back to normal.&#8221; With a vertical axis ranging from -75% to 15%, Indeed tracked the percent gap in new job postings trend between 2020 and 2019 along a horizontal axis ranging from February 21 to October 16. As of October 16, 2020 the trend was 2% below the 2019 trend. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p><strong>Momentum in Ontario and Quebec has cooled, but not stopped<\/strong><\/p>\n\n\n\n<p>Ontario and Quebec governments have responded to recent increases in COVID-19 cases with new restrictions on indoor dining and other activities that could potentially halt the rebound in job postings. However, so far they haven\u2019t made much of a dent in their recoveries. While their postings trend relative to last year have narrowed a tad less than the national average over the past two weeks, they haven\u2019t gone in reverse. Other provinces, except for Mantioba have also made progress in October.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/On9iQhecTB0C9TnL8zABTMsVDbAOnF1O30546-kQSNpUIkM4JryfEhGzEI4p2jmlpo4PzoGS45fE4mCr_GwLR3NQfKCFXHPbj4HJstPspzdvIcpo25IHvcCi6325DKtYZVQrt8k2\" alt=\"Table showing job posting trends in Canadian provinces Ontario and Quebec\"\/><figcaption>Table titled &#8220;Posting trends still holding up in Ontario and Quebec.&#8221; Indeed listed 10 provinces, comparing the percent gap in total job postings trend between 2020 and 2019 and between October 2, 2020 and October 16, 2020. Results vary. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p><strong>Food services struggling<\/strong><\/p>\n\n\n\n<p>Job postings continue to improve compared to last year across most sectors. That said, a few areas are showing weaker momentum. Included in this group are food preparation and service, as well as sports (which include fitness instructors), both vulnerable to a pickup in the pandemic, and resulting restrictions on activity. In contrast, momentum in other sectors that have also lagged the economy-wide recovery, like accounting and legal services, hasn\u2019t softened.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/Fn_kRRqD5cn8Qx8PYIevaFd4fXf_ZmD_K1b3idP4MsbUiVMGGbZXVrrOmXPTQS9J5uyTrKCVyQjOzvcrzJPCEy4d0XfjKb3FPqWhuJFO-xW5LUOR9WohkBAwZgyTa4VjnamZbyql\" alt=\"Table showing pandemic-exposed sectors lagging posting recoveries elsewhere\"\/><figcaption>Table titled &#8220;Pandemic-exposed sectors lagging postings recoveries elsewhere.&#8221; Indeed listed various sectors divided by &#8220;smaller gap than average,&#8221; &#8220;gap similar to economy average,&#8221; &#8220;wider gap than average,&#8221; comparing the percent gap in trend between 2020 and 2019 and the percentage point change from October 2 and October 16, 2020. Results vary. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p>Demand is stronger elsewhere. Postings in both nursing as well as loading and stocking are up in October, and now well above last year\u2019s trend. Production and manufacturing jobs have also shown solid momentum, while construction\u2019s improvement has paused, but at a solid level.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Lastly, a range of sectors are following the economy-wide trend, showing improvement this month, though still yet to have fully recovered. Included in this group are several service and white collar areas like retail, administrative assistance, banking and finance, and management.<\/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>Pace of improvement has cooled in October.<\/p>\n","protected":false},"author":38,"featured_media":14077,"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-12844","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 v27.2 - 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