Hourly work continues to surge, despite strong job market for workers
Overall, hourly jobs are up 162% compared to pre-pandemic norms, seeing a 2% month-over-month drop, and a 1% year-over-year decline.
With two open jobs still remaining for every one available worker, the US labor market continues to favor workers. And, given the fact that wages continue to rise, one would reason that job seekers would strike while the iron is hot and gravitate toward full-time work. Right? Not necessarily. In fact, a recent New York Times article notes that while gig work fell sharply during the start of the pandemic, the numbers are now surging.
Snagajob CEO Mathieu Stevenson was quoted in the article, helping explain why “shifts” work tripled from 2020 to 2021 and why it will probably quintuple in 2022.
Stevenson details that many employers aren’t offering their full-time employees what they need in either wages or freedom, so they’re picking up side gigs right and left. “I think if they were getting the ultimate flexibility and all the compensation they wanted from their full-time employer, there’s probably less of a need for shifts,” he said. “But the reality is, at the overwhelming majority of businesses, you can’t offer as much flexibility. So this is a way to say, “If you do want to add an extra $150 because you need it, whether it’s because you want to do something special with your family or you need to pay the light bill, this is the avenue.”
For further confirmation of the growth in shifts work, a recent PEW Report shows that 16% of Americans have performed gig work at some point, and 9% have done so in the past year.
In related news, helping those who hire hourly workers some, inflation saw no gain in July (in June the figure was up 1.3%), according to the Bureau of Labor Statistics' latest report. This may help hiring managers to address the needs of potential workers who are looking for full or part-time work.
Specifically for hourly hiring, here are the largest movers from this time last month:
All industry data is from 3/2/20-8/16/22
Here are the latest overall job numbers:
Overall hourly jobs are up 162% compared to pre-pandemic norms, seeing a 2% month-over-month drop, and a 1% year-over-year decline.
Here are the latest job numbers by industry:
Food & Restaurant jobs are up 7% compared to pre-pandemic norms, seeing a 10% month-over-month drop, and a 25% year-over-year decline.
Hotel & Hospitality jobs are down 1% compared to pre-pandemic norms, seeing an 11% month-over-month drop, and a 61% year-over-year decline.
Healthcare jobs are up 194% compared to pre-pandemic norms, seeing a 6% month-over-month gain, and a 23% year-over-year decline.
Retail jobs are up 47% compared to pre-pandemic norms, seeing a 1% month-over-month gain, and a 5% year-over-year decline.
Warehouse & Logistics jobs are up 1130% compared to pre-pandemic norms, seeing a 2% month-over-month drop, and a 63% year-over-year growth.
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.
Got one minute? Help improve this report. Share your feedback by answering five quick questions.