When we look at job openings on Glassdoor

[zakiyatasnim]

Kiran Prasad, Vice President of User Engagement, LinkedIn
Before COVID-19, unemployment rates were at record lows, and the labor market was in really good shape. We measure it based on the number of vacancies posted and responses to them. Now, both the number of those looking for work and those willing to offer it has decreased significantly.

Companies related to hardware, networking, public safety, education — the basic services necessary for society to function — continue to hire. Because we are an international company, we can track trends in different countries. For example, according to our data, China's economy continues to grow and has now almost returned to pre-COVID-19 levels in terms of both the number of job openings and the number of employees hired.

I think remote work is with us for a long time. Humanity has already bulgaria number data been gradually moving in this direction, and the COVID-19 situation has only accelerated this process. In the US, interest in remote work has grown dramatically. The share of such vacancies on LinkedIn increased by 91% between the first week of March and the last week of April. Many companies are now thinking: what if this format really works? Applicants are trying working from home, and often this experience turns out to be very successful.

According to LinkedIn’s Employee Confidence Index, 55% of respondents believe their industry can thrive remotely. This was previously significantly lower. In some areas, the numbers are even more striking: more than 75% of employees in software development, finance, and media support the idea of ​​remote work. There are sectors where optimism is lower than average: healthcare — 48%, manufacturing — 41%. Retail showed the greatest resistance to virtualization, with only 29% of respondents believing the industry can thrive with remote work.