We regularly update this report to track the pandemic’s effects on the labour market.
The job postings recovery on Indeed Ireland continues. Job postings — a real-time measure of labour market activity — were 17.5% above the 1 February, 2020, pre-pandemic baseline, seasonally adjusted, as of 16 July, 2021. The headline indicator has risen 11 percentage points since the last update to 18 June, peaking at 19.5% on 13 July, before slipping back slightly by the end of last week. The next stage of Ireland’s reopening is set for 26 July with indoor hospitality, albeit only for fully vaccinated individuals.
Growth in veterinary and therapy categories
Over the latest four-week period, the strongest improvements in job posting trends were seen for veterinary, therapy and community & social service.
In contrast, electrical engineering, physicians & surgeons and insurance saw deteriorations in job posting trends.
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.
All figures in this blog post are the percentage change in seasonally-adjusted job postings since 1 February, 2020, using a seven-day trailing average. 1 February, 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. We adopted this new methodology in January 2021.
The number of job postings on Indeed.com, 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’s HR Technology segment.