Jed Kolko Profile picture
U/S Econ Affairs @commercegov. Previously @indeed and @trulia. Seeking great dumplings in DC. Personal account. Contact https://t.co/fPpgENMwRd.

Jun 9, 2021, 6 tweets

Job postings on @indeed 28.6% above pre-pandemic baseline, as of Fri 6/4.

Postings rose 1.1 pts per week on average in May & early June, down from 2.0 in April and 2.2 in March.

Continued growth now, but at slower pace than earlier in year.

1/

hiringlab.org/2021/06/09/job…

Sign of recovery:

HR job postings up 15 pts in last 4 weeks, one of the fastest recovering sectors now.

Firms need to hire -- so they're looking for the people who will help them hire!

2/

hiringlab.org/2021/06/09/job…

Another sign of recovery: job postings are above pre-pandemic baseline in all large metros. The recovery has come to Hawaii!

3/

hiringlab.org/2021/06/09/job…

We're now tracking state job search.

Search activity fell BELOW national trend in states cutting off federal UI imminently (June 12 and 19). That's not what you'd expect if people were upping their searches ahead of UI ending ...

4/

hiringlab.org/2021/06/09/job…

... if anything it looks like relative search activity rises in states roughly one month before federal UI benefits are scheduled to end, and then falls. I'm not sure why -- open to hunches! And even that pattern isn't very strong.

5/

hiringlab.org/2021/06/09/job…

What's clear is there's not a big jump in relative search activity in states cutting off federal UI benefits this Saturday June 12. We'll be watching what happens in those and other states.

6/end

hiringlab.org/2021/06/09/job…

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