We regularly update this report to track the pandemic’s effects on the labour market.
Irish job postings on Indeed remain at a high level, but have plateaued. Job postings — a real-time measure of labour market activity — were 57% above the 1 February, 2020, pre-pandemic baseline, seasonally adjusted, as of 20 May, 2022. Since hitting a post-pandemic peak of 65% in mid-February, postings have tracked broadly sideways in recent weeks. Like other economies, Ireland faces headwinds from the war in Ukraine and the associated spike in global energy prices. But with relatively low direct exposure to Russia and Ukraine compared with other European countries, Ireland is expected to maintain a comparatively brisk pace of growth. Moreover, many employers still have staffing gaps to fill after a period of challenging hiring conditions after the economy’s reopening.
Strength of recoveries varies widely across occupations
Healthcare-related occupations continue to have among the strongest job posting recoveries, with job postings two or even three times pre-pandemic levels. But other categories lag, with job postings below pre-pandemic levels in chemical engineering, architecture and legal.
Kildare has strongest job postings recovery
Looking across the five largest counties by job posting volume, County Kildare leads with job postings 102% above the baseline. Limerick has the slowest job posting recovery at 29% above the baseline.
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 blogpost 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.