The number of open job postings in the US grew throughout 2021, and that momentum is rolling into 2022. According to the Indeed Hiring Lab, on January 21, 2022, US job postings on Indeed were 60.5% above their level on February 1, 2020, the pre-pandemic baseline, after adjusting for seasonal variation.
As we get back to work and hiring activity begins to pick up after the holidays, there is one talent trend that is clear to all of us: we are in a job seeker’s market. In all the years I’ve worked in the hiring industry, I’ve never seen such a tight US labor market or one where employees hold all the cards.
The hits just keep on coming
There are many names for this phenomenon: the Big Quit, the Great Resignation and the Great Re-Evaluation come to mind. Whatever you call it, it is real. And beyond this immediate trend of employees’ finding their next great career move during the pandemic, the 2022 US labor market is impacted by more …