As we can see July off and head into August, job postings increased by 73% above the lockdown average – a remarkable 76% jump from the previous week.
Applications also increased to 77% above the March-June average, continuing the upwards trajectory begun towards the end of June.
With the economy continuing to open up, the jobs market seems to be following suit. Whilst we expect there to be peaks and troughs for a while yet, this increase in jobs and applications is a very positive step forwards on the road to recovery.
It may still sometimes feel like we’re dragging our feet through mud but that’s when data can help put things into perspective. Our figures reveal that July experienced the highest percentage of job posts since before lockdown began.
At 37% above the March-June average, it proves we are far from the dark days of May when job posting was 60% under the March-June average. Applications are soaring, with July seeing a 60% increase compared to the March-June average, the highest rate this year to date.
We may still be a long way off the job posting figures from the first 3 months of the year but it is heartening to see that activity is increasing and we are back on an upwards trajectory.
As seen above, July experienced the highest percentage of jobs posted (compared to the March-June average) since before lockdown hit us all.
We are looking at the most popular industries for both job posts and applications during that month and the results make for interesting viewing.
Property, in particular, has experienced a surge of activity. 22% of all jobs posted were within the property sector and property jobs received 16% of all applications. It’s a great sign that traction has returned to the property market since the lifting of lockdown, with many reassessing lifestyle choices after 8 weeks stuck at home.
IT & Internet is also experiencing a wave of activity, probably due to digital services becoming steadily more important with home working and online shopping having increased massively since the start of the Pandemic. Unsurprisingly, Health & Nursing continues to be an industry in demand, as is Education – two sectors that have been busier than ever over the course of the pandemic.
The struggling Engineering sector has seen one of the highest percentages of applications, yet a relatively low number of job posts. Transport & Logistics also received a high number of applications but without the jobs to match, whereas a relatively large number of Public Sector jobs have become available but with applications remaining low.
Discover how WaveTrackR can transform your recruitment process, saving you time and increasing your ROI. Fill out the form below and book a personal demo with one of our experts.
In this report, we look at industry trends and factors influencing jobs posted and applications received across 2020, from both sector-specific angles and with a broader view.