Employer Demand for Workers Weakens as Pandemic Passes Half-Year Mark
Author: internet - Published 2020-10-06 07:00:00 PM - (184 Reads)The number of job postings declined 0.3 percent in September from August, after logging monthly gains between 5 percent and 7 percent throughout the summer, according to data from jobs website Glassdoor cited by the Wall Street Journal . Separate data from jobs site Indeed also show weaker improvements in job postings in September than in early summer. September job postings on Glassdoor and Indeed remained well below precrisis levels. The slowdown reflects a pullback in employer demand across numerous sectors, said Daniel Zhao, economist at Glassdoor. Job postings for higher-wage occupations have recovered more slowly than those for lower-wage roles, according to Indeed. The sharp decline in postings for higher-wage occupations from pre-pandemic levels is one reason job postings in larger metropolitan regions have lagged behind the rebound in smaller metro areas.