- 604 The number of jobs available per 100k in New York, making it among the hardest hit states.
- 1.3K The number of jobs available per 100k in Hawaii, giving it the highest job availability ranking in the country.
- 34% The reduction in job postings nationwide since 2019
The COVID-19 pandemic has been a public health and economic disaster. Few alive have experienced this precipitous an economic decrease and while the unprecedented response has served to help flatten the curve, the nation has paid for it with many lives and livelihoods.
The economic impact can be measured in many ways: the GDP, stock market fluctuations, increases in unemployment claims, etc. However, one notable way to measure the health of the U.S. economy is to look at the number of job postings, and to analyze trend data to get a glimpse into the minds of those who will drive the economic recovery by putting people back to work.
Right now, it is looking bleak. According to recent reports, job postings nationwide have decreased 33.7% since 2019. There are one-third fewer jobs available than there were at this time last year, and there are nearly 4 times as many job seekers. However, hiring is still happening across the country and as states move to lift shelter-in-place restrictions, it is to be expected that job postings will increase as shops and businesses reopen.