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New job postings show continued momentum: Indeed

August 4, 2020
By Talent Canada staff

The economic recovery continues to improve, according to Indeed’s job posting tracker.

Last week’s job posting tracker revealed more positive signs, including acceleration in the pace of improvement after two weeks of slowdowns.

The tracker indicates the following:

  • As of July 24, the trend in total job postings on Indeed Canada stood at 30 per cent below last year’s pace, continuing their gradual, but incomplete rebound.
  • Progress over the past month has been evident in nearly all provinces, except Quebec.
  • Higher-wage roles generally fell less compared to last year’s trend than others earlier on in the crisis, while lower and mid-wage jobs have led the rebound since.
  • Opportunities remain weaker in areas of the economy hit hard by the crisis, such as food services, sports, aviation, and hospitality and tourism.

Despite trending in the right direction over the past two and a half months, a full recovery in job postings remains elusive, however, according to an Indeed news release.

Indeed going remote

The global employment search-engine company has announced it will continue to allow employees to work remotely until July 2021.

“As new COVID-19 developments unfold around the world, our No. 1 priority continues to be the health and safety of our employees,” said Paul Wolfe, global senior vice-president of HR for Indeed.

“The pandemic is still impacting many countries around the world and many states in the U.S., and as such, we have made the decision that no employee will be required to return to any of our global offices before July of 2021.”

“In doing so, we aim to make it easier for our employees to plan for their life needs, such as the upcoming school year and leases.”

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