January 12, 2021

U.S. Job Postings End 2020 Well Below Pre-Pandemic Levels-The Wall Street Journal

The number of help-wanted ads increased more slowly in December, evidence the labor market is losing momentum amid rising coronavirus cases. Available jobs posted online were down 10.6% at the end of December from a year earlier, according to job-search site Indeed’s measure of job posting trends. Postings rose from the end of November, when the number of available jobs were 11.8% below 2019’s trend, but the pace of improvement has eased since the summer, when businesses started to reopen after spring lockdowns. Indeed measures postings by comparing the recent rate of growth to that of a year earlier. The Wall Street Journal, 01/12/2021