Weekly Labor Market Trends

April 26 – May 3, 2020

The latest on hiring trends and skills demand amid the COVID-19 pandemic

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

This week’s top trends: 

  • Downward trend in available job postings continues to plateau in the U.S.
  • Job postings increased slightly in Japan and China, indicating some positive movement in the job market.
  • While select functions see modest upticks, overall functional postings are down, with marketing and PR seeing the biggest drop, which indicates companies are not yet betting on recovery.
Available job postings in the U.S.
Chart showcasing the decline in available job postings in the U.S. as of May 3
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