2/1/2024 0 Comments Linkedin jobs logo png![]() ![]() And the metros that have shown the weakest growth since that time frame are Minneapolis (-34.0%), Seattle (-33.5%), and the San Francisco Bay Area (-33.0%). Since the Spring 2022 declines, three metros that have continued to hold up the best have been Miami (-20.6%), St. ![]() The largest declines were in Minneapolis (-14.0%), Austin (-11.5%), and Detroit (-9.3%). The largest month-over-months gains were seen in St. While we saw hiring increases month-over-month in select cities, none of the metros had hiring above pre-pandemic levels. Hiring across all metros below pre-pandemic levels: Hiring increased month-over-month in 4 of 20 metro areas we track this is a decline from the seven metros that saw gains in January.And the Technology, Information and Media industry continues to see declines – with hiring in the sector now just 3.8% above its pandemic low in May 2020. Education was the only industry where hiring remains above pre-pandemic levels. Since the hiring slowdowns that began last Spring – April 2022 – the industries that have continued to show the most resilience are Government Administration (-10.1%), Consumer Services (-11.5%), Education (-12.8%). The biggest month-over-month declines were in Manufacturing (-10.7%), Technology, Information and Media (-9.6%), and Construction (-9.2%). The industries which saw the biggest month-over-month gains were in Real Estate (+3.7%), Education (+2.1%), and Accommodation (+1.3%). Hiring in Government Administration, Consumer Services, Education continue to show resilience: Hiring increased month-over-month in 4 of 20 industries – this is a decrease from the 9 industries that saw hiring gains in January. Additionally, our Workforce Confidence Index data from February showed worker confidence in finding and holding a job declined to its lowest level since 2021, consistent with the decline we’re currently seeing in the LinkedIn Hiring Rate. Year-over-year hiring decreased 27.9% - and hiring has now declined for 10 consecutive months. This is the largest month-over-month decrease we’ve seen since April 2020, though we don’t expect declines of this magnitude to occur on a regular basis going forward. Largest hiring declines seen since April 2020: Nationally, across all industries, hiring decreased 6.5% in February compared to January. ![]() Whether you’re a worker, an employer, a new grad, or a policymaker, we hope you’ll use these insights to better understand and navigate the dynamics of today’s economy. Our vision is to create economic opportunity for every member of the global workforce. Paul, Nashville, New York City, Philadelphia, Phoenix, San Francisco Bay Area, Seattle, St. Worth, Denver, Detroit, Houston, Los Angeles, Miami-Ft. ![]() metro areas, check out this month’s reports for: Atlanta, Austin, Boston, Chicago, Cleveland-Akron, Dallas-Ft. This month’s LinkedIn Workforce Report looks at our latest national data on hiring and migration trends through February 2023.įor more insight into localized employment trends in 20 of the largest U.S. With over 199 million LinkedIn members in the United States, we have unique insight into the real-time dynamics of Americans starting new jobs and moving to new cities. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |