We regularly update this report to track the pandemic’s effects on the labour market.
Job postings on Indeed Ireland advanced further over the past four weeks. Job postings — a real-time measure of labour market activity — were 32.2% above the 1 February, 2020, pre-pandemic baseline, seasonally adjusted, as of 10 September, 2021. That’s a 10.6 percentage point gain since the previous update as of 13 August, 2021. With more reopening of the economy to come, the job postings recovery seems likely to have further legs.
Doctors, social scientists and chemical engineers in demand
Over the last four weeks, the majority of sectors made gains. The strongest improvements were in the physicians & surgeons, social science and chemical engineering categories. Only a handful of sectors saw weakening trends, including medical information, agriculture and childcare (in each case postings remained well above pre-pandemic levels).
Kildare leads job posting recovery
Looking at trends in the five largest counties by job posting volume, County Kildare leads the recovery, with job postings now 64% above pre-pandemic levels. Galway follows at 45%. Limerick and Dublin remain laggards, with job postings 13% and 18% above the baseline respectively.
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.
Methodology
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.