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What's new?
Overall Growth in Job Postings
- The HR and recruiting sector is showing resilience with a relatively small decrease in job listings at 12.9% week-over-week (WoW).
- The marketing industry is experiencing a significant drop with job postings decreasing by 34.2% WoW.
- Development and engineering, product, and design and UX roles have also seen a sharp decrease in job postings, with reductions of 30.3%, 31.1%, and 30.5% WoW respectively.
Competitive Market?
Trends in How Quickly Have Jobs Been Filled
- Sales and design + UX roles are taking longer to fill, with a 6.9% and 7.7% increase in time to fill respectively.
- Content roles are being filled more quickly, with a decrease of 5.8% in time to fill.
- Similarly, product roles are being filled 4.1% faster.
Location, Location, Location
Salary Adjusted by Cost of Living in Major US Cities
- When adjusted for cost of living, New York, NY comes out on top for salary rankings, followed by San Francisco, CA and Chicago, IL. No wonder the Big Apple is so appealing!
- The Southern charm of Austin, TX doesn't just lie in its music scene, but also its high salary ranking, coming in at 5th place.
- Despite the appeal of a Seattle coffee culture, it ranks 12th when it comes to salary adjusted for cost of living. Maybe it's time to trade in that latte for a bigger paycheck!
Dev + Engineer
Data + Analytics
Product
Oh to be a ...
- The HR and recruiting sector stands out with the least reduction in job listings at 12.9% WoW, showing a strong resilience.
- However, it's not all smooth sailing as it also experienced a slight slowdown in filling jobs with a decrease of -2.6%.
- Despite the challenges, the HR and recruiting sector remains a promising industry for job-seekers.
Remote Trends
Proportion of Jobs Posted Hybrid and WFH
- Sales and product roles are leading the charge in remote work, with 39.1% and 39.0% of jobs being remote respectively.
- When it comes to hybrid roles, data + analytics takes the lead with 18.3% of jobs offering a mix of office and remote work.
- HR and recruiting is not far behind, with 15.4% of roles offering hybrid work options.
Time for a Startup?
Growth in Startup and Mature Company Job Postings
- Mature companies are experiencing growth in job postings at 13.6% month-over-month (MoM).
- Startups, while not growing as quickly, are still showing a positive trend with an 8.9% MoM increase in job postings.
- Despite the difference in growth rates, both mature companies and startups offer exciting opportunities for job-seekers.