We regularly update this report to track the pandemic’s effects on the labor market. Our methodology changed at the start of 2021, as explained in the methodology note at the end of the post.

Job postings on Indeed are a real-time measure of labor market activity. On February 26, 2021, they were 5.7% above February 1, 2020, the pre-pandemic baseline, after adjusting for seasonal variation. That’s a modest gain from a week earlier, when postings were 5.0% above the baseline. 

Line graph showing job postings on Indeed, United States
Line graph titled “Job postings in Indeed, United States.” With a vertical axis ranging from -40 to 6%, Indeed tracked the percent change in job postings between February 1, 2020 and February 26, 2021. On February 26, 2021, job postings were 5.7% above February 1, 2020, the pre-pandemic baseline. Caption added post-publication.

Job postings plunged in March and April 2020 to a low of 39% below the February 1, 2020, baseline. Postings rebounded in May, June, and July by an average of 1.6 percentage points per week. Starting in August, improvement slowed to an average of 0.8 percentage points per week.

Returning to the February 1, 2020, baseline does not mean the labor market has fully recovered. From February 1, 2019, to February 1, 2020, US job postings increased 9%, so returning to the baseline represents slower growth than before the pandemic. Moreover, other measures of labor market health, like payroll employment and the headline unemployment rate, remain substantially worse than pre-pandemic. For employment to recover completely, job postings will have to remain above the pre-pandemic baseline for an extended time. Finally, in some sectors and metros, job postings are far below the pre-pandemic baseline.

Big rebound in health-care jobs, but hospitality lags

Job postings have fallen most in occupations directly affected by the coronavirus. Hospitality & tourism postings are still down nearly one-third below the February 1, 2020, baseline. Two sectors affected by virus surges and shutdowns — food prep and beauty & wellness  — also lag, though these could bounce back quickly as vaccinations continue and infections decline.

Pharmacy postings have increased substantially as vaccines roll out. Nursing and medical-technician jobs are also well above the pre-pandemic baseline. So are jobs in goods-related sectors like loading & stocking, construction, driving, and manufacturing. 

Nearly all sectors have seen job postings increase over the past four weeks.

Table showing some industries have been hit harder than others since pandemic in US
Bar chart titled “Some sectors have been hit harder than others.” Indeed compared the percent change in US job postings, between February 1, 2020, and February 26, 2021 across various sectors divided into sections “Better than economy average,” “Similar to economy average,” and “Worse than economy average.” Pharmacy postings have increased substantially as vaccines roll out. Caption added post-publication.

Metros where job postings have declined most

Within the US, job postings are down most in metro Honolulu, San Jose, and San Francisco. But job postings have improved in nearly all regions of the country. 

Table showing metros with largest declines in job postings
Bar chart titled “Metros with the largest declines in job postings.” Indeed listed the US metros with the largest declines in job postings between February 1, 2020 and February 26, 2021. Job postings are down in Honolulu, San Jose, and San Francisco metros. Caption added post-publication.

Job postings fell more initially in both large and small travel and tourism destinations, but have picked up since May in hospitality metros like Las Vegas, Miami, and Orlando. Job postings have rebounded more slowly in metros where a higher share of jobs can be done from home. In high work-from-home metros, postings in retail, restaurant, and personal-services jobs suffered. Postings in these metros are still 8% below the pre-pandemic baseline.

Line graph showing job postings in hospitality vs work from home metros
Line graph titled “Job postings in hospitality vs work-from-home metros.” With a vertical axis ranging from -50% to 10%, Indeed tracked the percent change in job postings between February 1, 2020 and February 26, 2021 with lines representing “all metros,” “high WFH metros,” and “high hospitality metros.” In high work-from-home metros, postings in retail, restaurant, and personal-services jobs have suffered. Caption added post-publication.

The pandemic has been especially severe in bigger cities. But even in the largest metros job postings are now only 2% below the pre-pandemic baseline.

Line graph showing job postings lag in largest metros
Line graph titled “Job postings lag in largest metros.” With a vertical axis ranging from -50% to 20%, Indeed tracked the percent change in job postings between February 1, 2020 and February 26, 2021 with lines representing “small,” “medium,” “larger,” and “largest” metros. Largest metros job postings are now only 2% below the pre-pandemic baseline. Caption added post-publication.

We host the underlying chart data on Github as downloadable CSV files. Typically, it will be updated with the latest data one day after this blog post was published.

Methodology

All figures in this blogpost are the percentage change in seasonally-adjusted job postings since February 1, 2020, using a seven-day trailing average. February 1, 2020, is our pre-pandemic baseline. We seasonally adjust each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. We adopted this new methodology in January 2021 and now use it to report all historical data. Historical numbers have been revised and may differ significantly from originally reported values. 

The number of job postings on Indeed.com, whether related to paid or unpaid job solicitations, is not indicative of potential revenue or earnings of Indeed, which comprises a significant percentage of the HR Technology segment of its parent company, Recruit Holdings Co., Ltd. Job posting numbers are provided for information purposes only and should not be viewed as an indicator of performance of Indeed or Recruit. Please refer to the Recruit Holdings investor relations website and regulatory filings in Japan for more detailed information on revenue generation by Recruit’s HR Technology segment.ogy segment.