Job Openings Down 28 Percent During Coronavirus Crisis, But Decline Moderating


May 5, 2020

Key Findings

  • Job openings on Glassdoor have dropped 27.7 percent since the start of March. Over 1 in 4 job openings have closed as the coronavirus crisis escalates.
  • Job openings have declined for the last 6 weeks in a row; however, the rate of weekly decline has moderated from -7.8 percent on March 23 to -2.8 percent on April 27.
  • The declines in job openings have come in waves, affecting industries differently. While the most severe initial drops were driven by the shutdown of consumer services, more recent declines in job openings have been predominantly white collar and health care jobs.
  • Travel & tourism remains the most affected industry. Nearly 4 in 5 jobs (79 percent of openings) have evaporated since the beginning of March. Tech, however, may be one of the first industries turning the corner, with job openings up 4.9 percent from April 13 to April 27 as spending shifts online.

Decline in Job Openings Ongoing but Slowing

Nearly two months into the coronavirus crisis in the U.S. and its impact continues to devastate millions. Over 1 in 4 job openings have evaporated since early March, new data from Glassdoor’s Job Market Report shows.  Job openings on Glassdoor dropped to 4.5 million as of April 27, 2020—a 27.7 percent drop since the beginning of March.

A similar percentage drop applied to Bureau of Labor Statistics data would indicate that job openings have dropped back to levels last seen in 2014. Simply put, this decline in job openings would mean a third of the gain in job openings since the end of the Great Recession in 2009 have been wiped out in the last two months.

The effect on hiring is widespread across employers. Based on an analysis of employer job posting behavior on Glassdoor, 2 in 3 employers had fewer job openings at the end of April than they did in mid-March; almost 1 in 4 have pulled down all job openings. However, 11 percent of employers are still increasing job openings, pointing to a small pocket of companies that have had to ramp up hiring to accommodate the massive shift in demand.

While the dramatic decline in hiring demand signals how disruptive the crisis has been for the labor market, there are signs that labor market conditions could improve soon. The pace of the decline in job openings has moderated, slowing from -7.8 percent week-over-week on March 23 to -2.8 percent on April 27.

Rolling Waves of Weekly Job Opening Declines 

At this point, every industry has been impacted by the coronavirus. However, not all industries have been impacted equally or at the same time. The chart below shows the rolling waves of declines in job openings across different industries over the last few weeks. Industries hit hardest and most immediately were in-person services for both consumers (e.g. travel & tourism, retail, food services) and businesses (e.g. facilities, private security). Shelter-in-place orders forced companies to make immediate changes to their workforce and, as a result, job openings fell dramatically in the first full week of the crisis.

In the following week, however, the decline in job openings across these industries began to moderate. These “in-person” service industries were then overtaken by manufacturing, energy and other production industries, where declines in job openings took longer to ripple through employers. Then, on April 5 (approximately the third week of the crisis), white-collar industries (e.g. tech, finance and business services) bottomed out, reaching their worst rate of decline but rebounding in following weeks. While white-collar industries haven’t seen job postings decline as severely as others, they’ve still seen a 28.2 percent drop since early March.

Notably and surprisingly, health care has seen a steady decline in job openings. While the initial hit was mild for the healthcare industry, the decline accelerated through April 5 and even now continues largely unchanged. As declines in other industries decelerate, health care now accounts for almost one third of the weekly decline in job openings in the last two weeks, as health care providers cancel non-essential procedures. Health care is one of the largest job providers in the U.S. and accordingly should be watched closely for signs of improvement from its current ongoing decline.

How Industries are Faring

  • Travel & tourism remains the most impacted, as hotels, cruise lines and airlines face travel restrictions and reduced bookings. Job openings in travel & tourism have declined 78.6 percent since the beginning of March, meaning almost 4 in every 5 industry job openings have closed.
  • White-collar industries like business services (-31.9 percent), finance & insurance (-34 percent) and tech (-18 percent) have also struggled to maintain hiring plans, showing how the crisis continues to affect even industries where companies are more able to shift to work-from-home arrangements.
  • Tech may however be turning the corner, with job openings rising 4.9 percent from April 13 to April 27. The shift in demand to online services, combined with a highly mobile workforce, may help tech weather the crisis better than other industries. While the small increase is not enough to offset the total declines over the duration of the crisis, it is a reason for optimism.
  • Supermarkets’ hiring remains steadier than the rest of the economy, increasing 0.9 percent week-over-week and only down 7.3 percent from the beginning of March. As consumers shift spending from restaurants to groceries, demand for supermarket workers has held steady.

For more detailed data on job openings trends by industry, see our appendix below.

Conclusion

Glassdoor’s latest data shows that job openings have declined a precipitous 27.7 percent since the beginning of March, out-matching the Great Recession in the lightning speed of the decline. Many economists are also bracing for a historically grim April jobs report this Friday from the Bureau of Labor Statistics, which is expected to report tens of millions of Americans have lost their jobs and the unemployment rate spiking above 10 percent. The April jobs report, however, reflects data collected for the reference period of April 12—three weeks past; an eternity in this fast-moving crisis. Glassdoor data collected since April 12 signals that while the labor market is still reeling, we may begin seeing green shoots of recovering labor demand in the weeks ahead. The pace of the decline in job openings is slowing, and some industries like tech may be turning the corner.

The ultimate question is how quickly can the labor market return to normal once the worst of the crisis has passed. If the decline in job openings continues to slow, job openings could bottom out soon. While any economic recovery will depend largely on the effectiveness of the public health and government response, Glassdoor data shows that there may be signs for optimism around the bend.

Methodology

The data for the selected dates is generated based on the methodology used in Glassdoor’s monthly Job Market Report, which provides a real-time view of hiring trends and wage growth across the U.S. based on millions of online jobs and salaries on Glassdoor. The data represents a snapshot of the number of job openings available on Glassdoor on the highlighted dates.

Week-over-week, month-over-month and year-over-year comparisons are based on the Mondays from the comparable period. Except where otherwise noted, no additional smoothing, averaging or seasonal adjustment is performed. Because no smoothing or averaging takes place, the data may not be directly comparable to Glassdoor’s monthly Job Market Report.

Appendix

Each table may not sum up to total. For example, employer size data may be missing for some employers.

Table A: Change in Job Openings by Industry

Job Openings Percent Change
Apr 27, 2020 Apr 20, 2020 Mar 30, 2020 Apr 29, 2019
Category Current Week Last Week Last Month Last Year Week-over-Week Month-over-Month Year-over-Year
Total 4,395,414 4,521,012 5,241,029 6,023,397 -2.8% -16.1% -27.0%
Accounting & Legal 33,854 34,945 43,543 50,576 -3.1% -22.3% -33.1%
Aerospace & Defense 66,566 67,320 73,801 89,359 -1.1% -9.8% -25.5%
Architecture & Civil Engineering 28,243 29,389 37,390 43,925 -3.9% -24.5% -35.7%
Arts & Entertainment 26,985 26,904 33,575 57,397 0.3% -19.6% -53.0%
Automotive 64,633 63,680 81,416 94,259 1.5% -20.6% -31.4%
Banking & Financial Services 88,836 93,226 115,325 133,840 -4.7% -23.0% -33.6%
Beauty & Fitness 49,652 50,213 70,411 79,922 -1.1% -29.5% -37.9%
Biotech & Pharmaceuticals 62,274 64,642 74,071 76,136 -3.7% -15.9% -18.2%
Business Services 6,262 6,512 8,032 13,004 -3.8% -22.0% -51.8%
Computer Software & Hardware 108,559 114,404 141,290 164,238 -5.1% -23.2% -33.9%
Construction 50,588 51,164 58,771 75,460 -1.1% -13.9% -33.0%
Consulting 58,018 61,191 71,842 80,581 -5.2% -19.2% -28.0%
Consumer Electronics 7,107 7,355 5,660 11,785 -3.4% 25.6% -39.7%
Consumer Services 9,899 10,412 12,970 14,815 -4.9% -23.7% -33.2%
Education & Schools 172,120 178,040 199,740 246,516 -3.3% -13.8% -30.2%
Energy & Utilities 28,810 30,245 37,225 53,425 -4.7% -22.6% -46.1%
Facilities 34,793 35,706 42,633 49,236 -2.6% -18.4% -29.3%
Government 120,371 121,765 131,635 134,694 -1.1% -8.6% -10.6%
Health Care & Hospitals 614,035 653,619 803,859 866,821 -6.1% -23.6% -29.2%
Information Technology 129,889 134,994 162,656 191,024 -3.8% -20.1% -32.0%
Insurance 55,981 58,295 69,361 86,304 -4.0% -19.3% -35.1%
Internet & Tech 118,146 109,503 95,965 70,640 7.9% 23.1% 67.3%
Manufacturing 149,802 156,624 195,906 234,634 -4.4% -23.5% -36.2%
Marketing & Advertising 44,161 44,318 55,375 63,394 -0.4% -20.3% -30.3%
Media & Publishing 12,218 12,731 18,822 30,089 -4.0% -35.1% -59.4%
Nonprofit 55,909 57,149 64,902 72,811 -2.2% -13.9% -23.2%
Private Security 16,355 16,757 20,254 25,916 -2.4% -19.3% -36.9%
Real Estate 37,370 38,930 45,478 49,977 -4.0% -17.8% -25.2%
Restaurants & Bars 424,124 429,234 453,006 512,426 -1.2% -6.4% -17.2%
Retail 333,462 336,899 387,632 487,799 -1.0% -14.0% -31.6%
Supermarkets 83,981 83,237 89,391 95,097 0.9% -6.1% -11.7%
Telecommunications 23,788 24,618 29,511 40,224 -3.4% -19.4% -40.9%
Transportation & Logistics 201,543 203,373 229,957 406,768 -0.9% -12.4% -50.5%
Travel & Tourism 18,422 19,637 26,364 105,707 -6.2% -30.1% -82.6%
Wholesale 16,498 17,056 22,049 30,836 -3.3% -25.2% -46.5%

Source: Glassdoor Job Market Report, April 2020

Table B: Change in Job Openings by Industry Group

Job Openings Percent Change
Apr 27, 2020 Apr 20, 2020 Mar 30, 2020 Apr 29, 2019
Category Current Week Last Week Last Month Last Year Week-over-Week Month-over-Month Year-over-Year
Total 4,395,414 4,521,012 5,241,029 6,023,397 -2.8% -16.1% -27.0%
Business Services 158,650 163,723 199,046 233,471 -3.1% -20.3% -32.0%
Construction & Real Estate Services 150,994 155,189 184,272 218,598 -2.7% -18.1% -30.9%
Consumer Services 205,597 208,195 273,069 422,413 -1.2% -24.7% -51.3%
Finance & Insurance 144,817 151,521 184,686 220,144 -4.4% -21.6% -34.2%
Food Services 424,124 429,234 453,006 512,426 -1.2% -6.4% -17.2%
Health Care 676,309 718,261 877,930 942,957 -5.8% -23.0% -28.3%
Production 253,738 262,946 316,745 387,338 -3.5% -19.9% -34.5%
Public Services 348,400 356,954 396,277 454,021 -2.4% -12.1% -23.3%
Retail 424,550 427,491 482,683 594,681 -0.7% -12.0% -28.6%
Tech 356,594 358,901 399,911 425,902 -0.6% -10.8% -16.3%
Trade & Transportation 218,041 220,429 252,006 437,604 -1.1% -13.5% -50.2%

Source: Glassdoor Job Market Report, April 2020

Table C: Change in Job Openings by State

Job Openings Percent Change
Apr 27, 2020 Apr 20, 2020 Mar 30, 2020 Apr 29, 2019
Category Current Week Last Week Last Month Last Year Week-over-Week Month-over-Month Year-over-Year
Total 4,395,414 4,521,012 5,241,029 6,023,397 -2.8% -16.1% -27.0%
Remote 7,956 8,196 9,238 8,254 -2.9% -13.9% -3.6%
AK 9,225 9,690 10,816 12,278 -4.8% -14.7% -24.9%
AL 59,329 60,183 68,383 81,680 -1.4% -13.2% -27.4%
AR 32,025 32,779 36,499 43,354 -2.3% -12.3% -26.1%
AZ 88,128 90,660 105,078 123,788 -2.8% -16.1% -28.8%
CA 472,086 493,683 589,345 662,207 -4.4% -19.9% -28.7%
CO 91,635 91,106 110,323 131,313 0.6% -16.9% -30.2%
CT 51,941 53,224 61,092 67,045 -2.4% -15.0% -22.5%
DC 35,196 36,711 41,309 45,074 -4.1% -14.8% -21.9%
DE 16,300 16,602 18,496 19,065 -1.8% -11.9% -14.5%
FL 226,172 236,459 282,364 318,119 -4.4% -19.9% -28.9%
GA 140,889 144,013 163,965 205,358 -2.2% -14.1% -31.4%
HI 12,462 13,136 15,488 18,847 -5.1% -19.5% -33.9%
IA 44,199 45,253 51,602 66,003 -2.3% -14.3% -33.0%
ID 16,899 17,492 20,620 22,234 -3.4% -18.0% -24.0%
IL 178,966 186,184 219,957 264,807 -3.9% -18.6% -32.4%
IN 94,541 95,664 108,111 127,464 -1.2% -12.6% -25.8%
KS 40,519 40,950 47,083 53,463 -1.1% -13.9% -24.2%
KY 59,266 58,958 66,561 74,694 0.5% -11.0% -20.7%
LA 48,215 49,188 55,555 63,201 -2.0% -13.2% -23.7%
MA 157,913 158,018 165,315 190,333 -0.1% -4.5% -17.0%
MD 105,668 108,692 120,183 132,419 -2.8% -12.1% -20.2%
ME 21,187 21,879 23,938 26,380 -3.2% -11.5% -19.7%
MI 116,392 119,388 137,813 154,395 -2.5% -15.5% -24.6%
MN 78,984 79,919 95,249 113,473 -1.2% -17.1% -30.4%
MO 81,816 84,447 97,740 113,860 -3.1% -16.3% -28.1%
MS 30,732 31,503 34,337 38,446 -2.4% -10.5% -20.1%
MT 12,477 12,586 13,987 16,981 -0.9% -10.8% -26.5%
NC 148,081 151,511 171,350 211,811 -2.3% -13.6% -30.1%
ND 11,825 11,979 14,523 16,680 -1.3% -18.6% -29.1%
NE 26,148 26,407 29,932 34,618 -1.0% -12.6% -24.5%
NH 24,230 25,998 29,198 32,215 -6.8% -17.0% -24.8%
NJ 133,978 135,308 142,395 153,382 -1.0% -5.9% -12.7%
NM 29,975 31,026 35,838 39,031 -3.4% -16.4% -23.2%
NV 33,289 34,923 40,584 49,311 -4.7% -18.0% -32.5%
NY 222,582 232,032 267,046 303,535 -4.1% -16.7% -26.7%
OH 153,151 155,973 178,563 212,898 -1.8% -14.2% -28.1%
OK 43,367 43,864 49,997 58,896 -1.1% -13.3% -26.4%
OR 49,072 50,823 60,738 70,231 -3.4% -19.2% -30.1%
PA 201,044 204,831 231,228 235,222 -1.8% -13.1% -14.5%
RI 16,340 16,725 18,284 19,028 -2.3% -10.6% -14.1%
SC 68,295 69,723 81,264 91,896 -2.0% -16.0% -25.7%
SD 13,279 13,673 15,758 16,411 -2.9% -15.7% -19.1%
TN 88,944 91,249 105,184 128,865 -2.5% -15.4% -31.0%
TX 324,618 336,134 398,716 469,783 -3.4% -18.6% -30.9%
UT 37,429 37,892 45,078 53,048 -1.2% -17.0% -29.4%
VA 150,050 156,631 177,733 197,335 -4.2% -15.6% -24.0%
VT 10,467 10,794 12,742 13,087 -3.0% -17.9% -20.0%
WA 110,034 113,466 165,276 154,105 -3.0% -33.4% -28.6%
WI 82,432 84,821 99,506 115,625 -2.8% -17.2% -28.7%
WV 28,563 28,147 33,038 30,262 1.5% -13.5% -5.6%
WY 10,176 12,074 12,766 12,505 -15.7% -20.3% -18.6%

Source: Glassdoor Job Market Report, April 2020

Table D: Change in Job Openings for Select Metro Areas

Job Openings Percent Change
Apr 27, 2020 Apr 20, 2020 Mar 30, 2020 Apr 29, 2019
Category Current Week Last Week Last Month Last Year Week-over-Week Month-over-Month Year-over-Year
Total 4,395,414 4,521,012 5,241,029 6,023,397 -2.8% -16.1% -27.0%
Atlanta, GA 83,427 85,981 99,837 131,235 -3.0% -16.4% -36.4%
Boston, MA 125,787 125,740 131,523 154,226 0.0% -4.4% -18.4%
Chicago, IL 139,269 144,956 172,548 205,234 -3.9% -19.3% -32.1%
Houston, TX 66,361 69,207 82,722 98,285 -4.1% -19.8% -32.5%
Los Angeles, CA 148,848 155,564 185,671 215,798 -4.3% -19.8% -31.0%
New York City, NY 242,238 248,695 276,667 307,583 -2.6% -12.4% -21.2%
Philadelphia, PA 86,746 89,136 101,211 113,565 -2.7% -14.3% -23.6%
San Francisco, CA 103,656 108,568 133,275 147,351 -4.5% -22.2% -29.7%
Seattle, WA 79,946 82,448 122,811 115,617 -3.0% -34.9% -30.9%
Washington, DC 144,372 149,577 167,315 183,943 -3.5% -13.7% -21.5%

Source: Glassdoor Job Market Report, April 2020