{"id":12335,"date":"2021-04-29T15:55:03","date_gmt":"2021-04-29T14:55:03","guid":{"rendered":"https:\/\/www.hiringlab.org\/uk\/?p=12335"},"modified":"2022-08-12T18:39:38","modified_gmt":"2022-08-12T17:39:38","slug":"irish-job-postings-through-april-23","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/uk\/blog\/2021\/04\/29\/irish-job-postings-through-april-23\/","title":{"rendered":"Irish Job Postings Through April 23: Gradual Recovery"},"content":{"rendered":"\n

We regularly update this report to track the effects of the pandemic on the labour market.<\/em><\/p>\n\n\n\n

Recovery in job postings \u2013 a real-time measure of labour market activity \u2013 is gradually continuing as Covid-related restrictions start to be eased. On 23 April 2021 job postings on Indeed Ireland were 12% below their level on 1 February 2020, our pre-pandemic baseline, after adjusting for seasonal variations. That is an improvement of 4 percentage points (ppts) since our last blog post<\/a> a month ago.<\/p>\n\n\n\n

\"Line
Line chart titled “Job postings on Indeed, Ireland.” With a vertical axis ranging from -60% to 0%, Indeed tracked the percent change in job postings along a horizontal axis ranging from February 1, 2020, to April 23, 2021. As of April 23, 2021 job postings on Indeed Ireland were 12% below their level on 1 February 2020. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n

Ireland trails many major economies<\/strong><\/p>\n\n\n\n

Job postings in Italy (up 2% on the pre-pandemic baseline), Germany (up 2%) and France (down 7%) have recovered to a greater extent than in Ireland. Spain continues to lag (down 29%). Posting trends have been fairly flat in these continental European countries over the last month. <\/p>\n\n\n\n

This contrasts with recent rapid growth in the UK. Postings in the UK remain 10% below their pre-pandemic level but this metric has improved 15 percentage points since 26 March. Outdoor hospitality and non-essential retail reopened in many parts of the UK<\/a> in recent weeks, prompting a recruitment drive<\/a> in related occupations. This suggests postings in Ireland and the rest of Europe may surge similarly when major restrictions on business activity are lifted.<\/p>\n\n\n\n

Some advanced economies outside Europe have seen even greater recovery. Job postings are up 43% in Australia<\/a>, up 22% in the US<\/a> and up 21% in Canada<\/a>, relative to the 1 Feb 2020 baseline. Differences with Europe are likely driven by many factors, including the Covid-19 situation and labour market policy.<\/p>\n\n\n\n

\"Line
Line chart titled “US outpaces Europe in job posting growth.” With a vertical axis ranging from -75% to 25%, Indeed tracked the percent change in job postings along a horizontal axis ranging from February 1, 2020, to April 23, 2021, with different coloured lines representing UK, France, Germany, Ireland, Italy, Spain, and the US. As of April 23, 2021, job postings were up 22% in the US, relative to the February 1, 2020 baseline. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n

Reopening sectors lead job posting growth<\/strong><\/p>\n\n\n\n

Recent trends in Ireland appear linked to the gradual easing<\/a> of restrictions throughout April and expectations for May. While job postings in sectors that rely on face-to-face contact \u2013 such as hospitality and tourism \u2013 remain depressed, recent growth is likely the result of a slight easing of travel restrictions and the reopening of some outdoor attractions. <\/p>\n\n\n\n

Loading & stocking, retail and construction job postings have also risen. Construction activity is resuming gradually and a phased return of non-essential retail is expected to start in May.<\/p>\n\n\n\n

\"Table
Table titled “Job postings in reopening sectors are growing.” Indeed compared the percent change in job postings on Indeed Ireland among various sectors divided into biggest improvements and smallest improvements from February 1, 2020, to April 23, 2021, including the percentage point change from March 26, 2021. As of April 23, 2021, loading and stocking postings rose the most by 23% from the February 1, 2020 baseline. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n

Many high-paid occupations continue to see job posting volumes below their pre-pandemic levels, including accounting (-27%), banking & finance (-19%), human resources (-17%) and marketing (-12%), without much improvement over the past month. <\/p>\n\n\n\n

Software development is one positive exception: postings in this category have already cleared the pre-pandemic baseline by 5%. This metric has improved by 5 percentage points in the past month.<\/p>\n\n\n\n

Dublin lags the national trend<\/strong><\/p>\n\n\n\n

We looked at trends in the five largest counties by job posting volume and found that postings in Dublin are currently 23% below their pre-pandemic level. This is below the national average of -12%. Counties Cork and Limerick are close to the average (both -13%), while Galway and Kildare have recovered more (both -5%). <\/p>\n\n\n\n

Slow recovery in Dublin is in line with the trends we observe in other European capitals<\/a> and is likely driven by the sectoral composition of jobs.<\/p>\n\n\n\n

\"Line
Line chart titled “Dublin lags in job posting recovery.” With a vertical axis ranging from -60% to 10%, Indeed tracked the percent change in job postings along a horizontal axis ranging from February 1, 2020, to April 23, 2021, with different coloured lines representing Cork, Dublin, Galway, Kildare, and Limerick. As of April 23, 2021, job postings in Dublin were currently 23% below their pre-pandemic level. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n

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<\/a>.<\/p>\n\n\n\n

Methodology<\/strong><\/p>\n\n\n\n

All figures in this blog post are the percentage change in seasonally-adjusted job postings since February 1, 2020, using a seven-day trailing average. February 1, 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 and now use it to report all historical data. Historical numbers have been revised and may differ significantly from originally reported values.<\/em><\/p>\n\n\n\n

The number of job postings on Indeed.com<\/a>, 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\u2019s HR Technology segment.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Reopening sectors see growth but overall postings remain 12% below their pre-pandemic level.<\/p>\n","protected":false},"author":35,"featured_media":11502,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"post_mwm_category":[349],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[322],"class_list":["post-12335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post_mwm_category-state-of-the-labour-market","post_mwm_author-padrjan"],"acf":[],"yoast_head":"\nIrish Job Postings Through April 23: Gradual Recovery - Indeed Hiring Lab UK I Ireland<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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