Economic recovery continues, plus insights on hiring teens and other first-time workers.
This week, hourly jobs are up 179% compared to pre-pandemic norms and we’re seeing a 1% month-over-month gain, and a 34% year-over-year growth. Google searches for hourly jobs are up 19% from this time last year.
Job growth is a positive indicator of long-term, post-pandemic US economic recovery. Another positive sign is declining unemployment claims, and the total number of US workers filing for first-time unemployment benefits fell by 2,000 last month (186,000 new claims reported in March).
This week’s unemployment figures are the lowest they’ve been in 52 years.
So, what changed in the US hourly work labor force during Covid?
While everything changed for us individually and as a society, the hourly labor market experienced the rapid acceleration of trends already on the horizon. These changes just got here faster than anyone predicted.
As a result, with the summer vacation season approaching, hiring leaders everywhere are on the clock to confront continuing worker scarcity to meet consumer demand.
If you’ve considered hiring your mother, you’re not alone. That said, there are other ways to tackle the worker shortfall. Broadening your talent pool to include teens and first-time job seekers is a great place to start. This cohort is the most eager to join the workforce. Many young applicants have been isolated by the pandemic and are looking for opportunities to make money and socialize.
Based on Snagajob’s April job seeker survey, here’s how teens and young adults (16-24) responded to this question: What are the most important factors in your decision about where to work for the summer?
Pay rate: 77.27%
Flexible hours: 66.04%
Working conditions (health/safety): 40.15%
Fun work environment: 38.39%
Experience and skills learned for my future work: 32.60%
Opportunity to transfer to a permanent position: 30.28%
Company perks: 20.45%
Where my friends are working: 3.99%
All industry data is from 3/2/20-4/26/2022
Here are the latest overall job numbers:
Overall jobs are up 179% compared to pre-pandemic norms, seeing a 1% month-over-month gain, and a 34% year-over-year growth. Google searches for hourly jobs are up 19% from this time last year.
Here are the latest job numbers by industry:
Food & Restaurant jobs are up 42% compared to pre-pandemic norms, seeing a 1% month-over-month decline, and a 0% year-over-year gain.
Hotel & Hospitality jobs are up 47% compared to pre-pandemic norms, seeing a 1% month-over-month drop, and a 16% year-over-year decline.
Healthcare jobs are up 119% compared to pre-pandemic norms, seeing a 4% month-over-month gain, and an 18% year-over-year growth.
Retail jobs are up 57% compared to pre-pandemic norms, seeing a 3% month-over-month gain, and a 21% year-over-year growth.
Warehouse & Production jobs are up 540% compared to pre-pandemic norms, seeing a 17% month-over-month decline, and a 36% year-over-year gain.
Google searches for hourly jobs are up 19% year-over-year.
The bottom line
We’ll continue to be your best resource for hourly job market insights as we collectively navigate towards our new normal and beyond.
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