Coronavirus and UK Job Postings Through July 10: Data from Indeed
Rising job postings for sports coaches, cleaners and hairdressers, but overall recovery remains elusive.
This post is updated as of 10th July 2020. We will continue to update these trends regularly as we track how coronavirus impacts the global labour market.
The job postings trend on Indeed UK remains depressed. Overall postings were down -59% on last year’s trend as of 10th July. That metric has shown little change since mid-May, as the easing of lockdown has failed to provide a meaningful boost to employers’ hiring intentions. With companies across a range of sectors having announced a slew of redundancies and firms signalling intentions for further staffing cuts, the UK jobs picture is looking grim.
Rising job postings for sports coaches, cleaners and hairdressers
Though the overall picture remains disappointing, there are pockets where hiring intentions are on the rise. Looking at the job categories that have shown the strongest improvements in hiring trends over the two weeks to July 10th, there have been rising job postings for sports (mainly coaches and instructors), cleaning & sanitation, beauty & wellness (mainly hairdressers), driving and construction.
Weakening most in the past fortnight have been social science (mostly psychologists), physicians & surgeons, pharmacy, insurance and medical information (including clinical managers and healthcare advisors). This continues the recent pattern we have seen of hiring intentions tailing off in some of the healthcare categories that had held up relatively well earlier in the crisis.
Aside from the uptick in hairdresser jobs, there has been little sign of a revival elsewhere in consumer-facing sectors despite the easing of lockdown. Hospitality & tourism and food preparation & service job postings continue to run around -85% down on last year’s levels. Retail is running -60% down, having failed to show much of a pickup since non-essential retailers were allowed to reopen in mid-June. Part of the reason is likely to be that these sectors had many people to recall from furlough before needing to hire new staff.
Looking at the regional variation, Scotland, the South East and the South West show the biggest declines. However, job postings continue to run at less than half of last year’s levels across all regions of the UK.
We will continue to provide regular updates on these trends as the situation evolves.
To measure the trends in total job postings, we calculated the 7-day moving average of the number of UK job postings on Indeed. We indexed each day’s 7-day moving average to the start of that year (1 February 2020 = 100 for 2020 data, and so on), or another date if specified on the chart.
For each country we report how the trend in total job postings this year differs from last year, in order to focus on the recent changes in labour market conditions due to COVID-19. For example: if job postings for a country increased 30% from 1 February 2019 to 10 July 2019, but only 20% from 1 February 2020 to 10 July 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 10 July (120 is 7.7% below 130) in 2020 relative to 2019.
Information is based on publicly available information on the Indeed UK website (and other countries named in this post), limited to the UK (and those countries), is not a projection of future events, and includes both paid and unpaid job solicitations.
Jack is an Economist on the Indeed Hiring Lab who focuses on the UK/Ireland labour market. Before joining Indeed, Jack was a senior economist at Nationwide Building Society and prior to that at global information provider IHS Markit. He holds an MSc in finance and economic policy from SOAS, University of London and a BSc in economics and finance from the University of York.