Coronavirus and UK Job Postings Through 4 September: Data from Indeed
Gap in job postings trend narrows for fourth week running, but London continues to lag.
This post is updated as of 4th September 2020. We will continue to update these trends regularly as we track how coronavirus impacts the global labour market.
Job postings on Indeed UK showed a further small improvement last week. The gap in trend versus last year was -51% as of 4th September, narrowing slightly from -52% the previous week. That was the fourth week running of improvements, with sectors such as childcare, construction, cleaning and medical jobs on the rise.
Growth in childcare jobs
Childcare jobs have shown a notable improvement over the past month, with the gap in trend to last year narrowing the most of all sectors. With more parents returning to workplaces and others needing childcare while continuing to work from home, demand for nannies, babysitters, childcare providers and nursery practitioners has been growing. There have also been improvements for construction, cleaning and medical jobs.
At the regional level, London is now showing the biggest gap in job postings versus last year. The capital held up best in the early stages of the crisis, but with large numbers of office workers continuing to work remotely from the commuter belt, the lack of footfall appears to be having a substantial drag on sectors like hospitality, food service and retail.
In contrast to the gradual recovery in the job postings trend we have seen at the UK level, the trend in London has been essentially flatlining in recent weeks.
We will continue to provide regular updates on these trends as the situation evolves. We also host the data behind the postings trends plots on Github as downloadable CSV files. Typically, the site will be updated with the latest data one day after the respective Hiring Lab tracker is published.
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 4 September 2019, but only 20% from 1 February 2020 to 4 September 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 4 September (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.