January 2021

TalentNeuron™ Labor Market Trends Report

Data insights to guide short- and long-term workforce planning in today’s tight and volatile labor market

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    This month’s top trends

    The unique circumstances of 2020 shaped the labor market trends significantly. A look at the top-performing roles in 2020 reflect the realities of a shift to online commerce and a continued reliance on skilled IT roles, while sharp decreases in new job postings in December reflect the continued volatility of the job market as COVID-19 cases rise again.

    Key take-aways from the data include:

    • U.S. job demand remains flat over December, still 17% below pre-COVID levels.
    • Labor, healthcare and IT-related roles saw the strongest demand recovery in 2020.
    • Of the 10 countries tracked, only Singapore has exceeded job posting levels pre-COVID-19, reflecting the continue impact of the pandemic on the job market.

    About the labor market trends report

    This report, based on real-time labor market data powered by Gartner TalentNeuron, showcases the latest data points around hiring trends, job activity and skill needs to help HR leadership better understand the state of the labor market today, and where it will be heading tomorrow.

    Each month we detail: 

    • The occupations seeing the highest-demand gains and losses
    • Hiring trends across 10 countries (U.S., U.K., Canada, Italy, Singapore, India, Japan, Brazil, Germany and Russia)
    • The industries across countries being impacted most by the pandemic