Released: Q1 2022 Economic Indicators Report
In the Q1 2022 edition of our quarterly Economic Indicators Report, we see accelerating job listing growth, growth across all industries, and increased job duration. Overall active job listings in Q1 were up 3.7% compared to Q4.
In Q1, duration (the amount of time a job stays on a company career site) increased by 10 days compared to Q4, that’s a 20% increase. Job duration has fluctuated through the past pandemic years, with a low occurring in Q1 2021 at 50 days. The 64 days, on average, it takes to fill open positions today, might be feeling rough for employers, but it actually is the same we saw pre-COVID.
At the occupation level, some types of job listings did decline. Protective Services jobs decreased almost 11%, and Personal Care and Services jobs declined almost 10%.
Occupations with high growth include: Installation, Maintenance, and Repaid (+13.7%); Architecture and Engineering (+11.8%); and Arts, Design, Entertainment, Sports, and Media (+11.0%)
See the increasing momentum of job listing growth in more detail please download our free quarterly Economic Indicator Report [Q1 2022]. It includes quarterly and monthly job data, labor market graphs, charts, maps, and more.
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