{"id":14021,"date":"2022-05-25T10:50:30","date_gmt":"2022-05-25T14:50:30","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=14021"},"modified":"2022-07-28T11:09:35","modified_gmt":"2022-07-28T15:09:35","slug":"job-postings-through-may-20","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2022\/05\/25\/job-postings-through-may-20\/","title":{"rendered":"Canadian Job Postings Through May 20: Plateauing at a High Level"},"content":{"rendered":"\n<p><strong>Key points&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Total Canadian job postings on Indeed were up 72% on May 20, 2022 compared to their pre-pandemic level, up marginally from a month earlier.<\/li><li>New job postings continue to be added at a solid pace, although not quite as quickly as their average rate between February and March.<\/li><li>Hiring appetite is elevated across almost all sectors, but recent momentum has been more mixed, with demand in certain high-flying areas like human resources and construction cooling in recent weeks, in contrast to strong growth in lower-paying fields like food services, as well as hospitality and tourism.&nbsp;&nbsp;<\/li><\/ul>\n\n\n<style>\n       .errordiv { padding:10px; margin:10px; border: 1px solid #555555;color: #000000;background-color: #f8f8f8; width:500px; }#advanced_iframe {visibility:visible;opacity:1;vertical-align:top;}.ai-info-bottom-iframe { position: fixed; z-index: 10000; bottom:0; left: 0; margin: 0px; text-align: center; width: 100%; background-color: #ff9999; padding-left: 5px;padding-bottom: 5px; border-top: 1px solid #aaa } a.ai-bold {font-weight: bold;}#ai-layer-div-advanced_iframe p {height:100%;margin:0;padding:0}<\/style><script type=\"text\/javascript\">var ai_iframe_width_advanced_iframe = 0;var ai_iframe_height_advanced_iframe = 0;function aiReceiveMessageadvanced_iframe(event) {  aiProcessMessage(event,\"advanced_iframe\", \"true\",\"\",\"false\",\"false\");}if (window.addEventListener) {  window.addEventListener(\"message\", aiReceiveMessageadvanced_iframe);} else if (el.attachEvent)  {  el.attachEvent(\"message\", aiReceiveMessageadvanced_iframe);}var aiOnloadScrollTop=\"true\";var aiShowDebug=false;\n\t\tif (typeof aiReadyCallbacks === 'undefined') {\n\t\t\tvar aiReadyCallbacks = [];\n\t\t} else if (!(aiReadyCallbacks instanceof Array)) {\n\t\t\tvar aiReadyCallbacks = [];\n\t\t}    function aiShowIframeId(id_iframe) { jQuery(\"#\"+id_iframe).css(\"visibility\", \"visible\");    }    function aiResizeIframeHeight(height) { aiResizeIframeHeight(height,advanced_iframe); }    function aiResizeIframeHeightId(height,width,id) {aiResizeIframeHeightById(id,height);}<\/script><iframe id=\"advanced_iframe\"  name=\"advanced_iframe\"  src=\"https:\/\/hiring-lab.github.io\/visualization-data\/#CA\"  width=\"100%\"  height=\"560\"  frameborder=\"0\"  border=\"0\"  allowtransparency=\"true\"  loading=\"lazy\"  style=\";border-width: 0px;;border: none;;width:100%;;height:560px;\" ><\/iframe><script type=\"text\/javascript\">var ifrm_advanced_iframe = document.getElementById(\"advanced_iframe\");var hiddenTabsDoneadvanced_iframe = false;\nfunction resizeCallbackadvanced_iframe() {}<\/script><script type=\"text\/javascript\"><\/script><p style=\"display:block !important; visibility:visible !important;margin: -18px 14px 0 0;padding-left: 3px;padding-top:3px;background: white; overflow: hidden; position: relative; line-height:15px;width: fit-content;\"><small style=\"display:block !important;visibility:visible !important\">powered by Advanced iFrame<\/small><\/p>\n\n\n\n<p>As of May 20th, total Canadian job postings on Indeed were up 72% from their February 1, 2020 levels, after adjusting for seasonal trends. Postings increased by one percentage point from a month earlier, and growth in general has cooled in recent months, plateauing at an elevated level.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/lt6JCl_jdN5WwDj8pV-YbinqZeiQE_Y-QNAHAvhXMONqYcq6_nQmwCzh3lqPfd31ElFBVqwmh-vsj-ARhJp_Phny1ZidVhyWVvWh_WKntL053kju0plodoWcothWGiEx9vEsGvyyMdk4RleWOw\" alt=\"Line graph titled \u201cCanadian job postings elevated, momentum cooler.\u201d\" \/><figcaption><em>Line graph titled \u201cCanadian job postings elevated, momentum cooler.\u201d With a vertical axis ranging from -60% to 80%, Indeed tracked the percent change in total Canada job postings between February 1, 2020 and May 20, 2022. As of May 20, total Canadian job postings on Indeed were up 72% from their February 1, 2020 levels.<\/em><\/figcaption><\/figure>\n\n\n\n<p>The cooler growth in overall postings partly reflects a steadier pace that new postings are being added to Indeed. The number of new Canadian job postings on Indeed (seven days old or less) on May 20th were up 68% from their pre-pandemic pace, similar to their pace in mid-April. While this rate was still quite strong, it\u2019s down somewhat from the even more striking 74% average increase in new posting rate than prevailed between February and March. Trends in new postings will remain key to watch in the coming months for signs of whether monetary policy tightening by the Bank of Canada starts to weigh on labour demand, but so far hiring appetite remains strong.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/dv5pB_C4w6dPez9EOet_ONtzwrP2ajqUDFzNbeE-0HHSSVTqLEP---nQbuK9wYyTwcOujV5CrNjcMldBYuA9kZnQfF9kxg2xCz2kbneeKUUGR5ZYHn2dfl0UcV8NTUWBR7GgNDwWqfTszaC8rA\" alt=\"Line graph titled \u201cNew job postings strong before Easter dip.\u201d \" \/><figcaption><em>Line graph titled \u201cNew job postings strong before Easter dip.\u201d With a vertical axis ranging from -80% to 100%, Indeed tracked the percent change in new Canada job postings between February 1, 2020 and May 20, 2022. As of May 20, new job postings were up 68% compared to the start of February 2020.&nbsp;<\/em><\/figcaption><\/figure>\n\n\n\n<p><strong>Strong levels across the board, but recent momentum mixed<\/strong><\/p>\n\n\n\n<p>While job postings are elevated across the wage spectrum, demand is further above pre-pandemic levels among higher-, and especially lower-paying job types than mid-wage ones. As of May 20th, postings for low-paying occupations were up 89% from their February 2020 levels, showing solid growth over the past month, while higher-wage ones were relatively stable at a still strong 83%. Meanwhile, after rebounding from a modest drop in early January, mid-wage job postings have been flat, currently up 61% from their pre-pandemic level.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"560\" src=\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120710\/May20_G3-1-1024x560.png\" alt=\"\" class=\"wp-image-14173\" srcset=\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120710\/May20_G3-1-1024x560.png 1024w, https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120710\/May20_G3-1-300x164.png 300w, https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120710\/May20_G3-1-768x420.png 768w, https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120710\/May20_G3-1-1536x840.png 1536w, https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120710\/May20_G3-1-2048x1119.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption><em>Line graph titled \u201cLower-paying jobs driving recent momentum.\u201d With a vertical axis ranging from -60% to 100%, Indeed tracked the percent change in total Canada job postings with occupations grouped into three different wage tiers, between February 1, 2020 and May 20, 2022. As of May 20, postings were well above pre-pandemic levels across wage tiers, but faster growth in recent weeks among longer-paying job types.<\/em><\/figcaption><\/figure>\n\n\n\n<p>Recent momentum varies even more across different occupational sectors. Postings in software development have been steady, but at still exceptional levels over the past two months, while demand in food services has surged from earlier this year, surpassing its peaks in late 2021. Conversely, while demand is also quite elevated in construction and human resources, postings have slipped as of late.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/WOJfBUjQFJALMj6kCT3aMwRqvqz3qHRPj-Updv0uxoGBmNhf2WfxQwLqIR77zUPZGhK3LgwKZ2vw3uqepM1WxAnC_jE1phnoquy9zjW-02wca5pbLwvKYzyEvdVtBHrLHZtaLVOK_YnF_mb6ag\" alt=\"Table titled \u201cJob postings well above pre-pandemic levels in almost all sectors, recent growth mixed.\u201d\" \/><figcaption><em>Table titled \u201cJob postings well above pre-pandemic levels in almost all sectors, recent growth mixed.\u201d Indeed compared the percent change in total Canadian job postings between February 1, 2020 and May 20, 2022, across various sectors divided into sections \u201cStronger than average,\u201d \u201cSimilar to average.\u201d and \u201cWeaker than average.\u201d Postings in almost all sectors are currently well above where they were in early 2020, including software development, construction, and human resources.&nbsp;<\/em><\/figcaption><\/figure>\n\n\n\n<p>Job postings are well above their February 2020 levels, similar to the economy-wide trend across a range of sectors. In some cases like driving and management, hiring appetite has been relatively stable since mid-March. Meanwhile, job postings in hospitality and tourism have bounced up over the past two months, similarly to food services, though demand isn\u2019t quite as strong. Lastly, job postings are above pre-pandemic levels, but not to the same extent as elsewhere in certain areas of health, like therapy, while recent momentum has been stronger in sales than marketing. Overall, the shift towards a job seekers\u2019 market has persisted, but recent trends are increasingly mixed compared earlier in the recovery.&nbsp;<\/p>\n\n\n\n<p><strong>Methodology<\/strong><\/p>\n\n\n\n<p><em>All job postings figures in this blogpost 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. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. This week we applied our quarterly revision, which updates seasonal factors and fixes data anomalies. Historical numbers have been revised and may differ from originally reported values. New job postings are posts that are 7-days old or less.&nbsp;<\/em><\/p>\n\n\n\n<p><em>The number of job postings on Indeed, 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><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent trends mixed across sectors.<\/p>\n","protected":false},"author":38,"featured_media":13757,"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-14021","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 - 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