Weekly Hourly Hiring Report 8/25/2020

August 25, 2020 Mathieu Stevenson

How COVID-19 is affecting hourly work

 

Snagajob is here to help you navigate the hourly hiring landscape during this pandemic. Our proprietary data gives us a unique perspective on hourly job trends and we can see how both workers and employers are responding in real-time. One of the most valuable things we can offer you is a view into these insights and hiring trends. We’re here to give you helpful context as you make business decisions. 

 

Weekly Hourly Hiring Report 8/25/20

 

Highlights

 

Overall jobs are up 6% week over week, up 27% month over month and up 6% since early March.

 

Even though there’s confusion around the new $300/week unemployment benefits through FEMA, we believe it will start to reach workers soon in many states. It’s a temporary fix until there’s a second stimulus package, which we think will happen by the end of September. Both sides of the aisle know that they have to reach an agreement to help the nation’s economy recover.

 

The good news is that we continue to see positive signs in economic recovery. This includes weekly jobless claims that are not only better than expected, but under the one million mark for the first time since the pandemic really hit hard. 

 

Assuming that we have a vaccine in the first part of next year, GDP projections are going up and Goldman Sachs predicts that unemployment will drop down from 9% in December 2020 to 6.5% by the end of 2021. This means that while unemployment will still be high, monthly hiring will be similar to what we would see in a much stronger economy (think 2017 when unemployment was 4%).

 

 

Jobs

 

All industry data is from 3/2/20-8/25/20

 

Here are the latest job numbers by industry:

 

Quick service restaurant (QSR) jobs are flat week over week, flat month over month and down 27% since early March.

 

Sit-down restaurant jobs are up 3% week over week, up 3% month over month and down 47% since early March.

 

Warehouse and logistics jobs are up 78% week over week, up 458% month over month and up 828% since early March.

 

Retail jobs are up 2% week over week, up 16% month over month and down 2% since early March.

 

Grocery jobs are up 6% week over week, up 6% month over month and up 22% since early March.

 

Hospitality jobs are up 2% week over week, up 5% month over month and down 46% since early March.

 

On demand jobs are down 1% week over week, up 35% month over month and up 1% since early March.

 

Convenience store jobs are flat week over week, down 8% month over month and down 18% since early March.

 

Healthcare jobs are up 22% week over week, up 21% month over month and up 33% since early March.

 

 

What’s happening across America

 

All state data is from 3/2/20-8/25/20

 

Dallas, TX: Hospitality jobs are up 6% week over week, down 64% since early March. Sit-down restaurant jobs are up 8% week over week, down 48% since early March. Grocery jobs are down 8% week over week, down 19% since early March.

 

Phoenix, AZ: Healthcare jobs are up 19% week over week, up 30% since early March. Sit-down restaurant jobs are up 10% week over week, down 31% since early March. Hospitality jobs are down 1% week over week, down 66% since early March.

 

Denver, CO: Warehouse and logistics jobs are up 9% week over week, up 27% since early March. On demand jobs are up 21% week over week, up 186% since early March. QSR jobs are down 6% week over week, down 18% since early March.

 

Norfolk/VA Beach, VA: Retail jobs are up 14% week over week, up 4% since early March. Sit-down restaurant jobs are up 6% week over week, down 39% since early March. Hospitality jobs are up 38% week over week, up 25% since early March.

 

Workers

 

Google searches for part-time jobs are flat week over week, down 1% month over month and down 24% since early March. Searches for full-time jobs are flat week over week, down 4% month over month and down 8% since early March.

 

 

The bottom line

 

As always, we’re staying tuned to economists, industry leaders and credible data sources—including our own. Plus, we continue to talk to hourly workers and employers to see how they’re feeling about the situation. 

 

We’ll keep you informed as the job market evolves in the critical weeks ahead with this weekly report and infographics.

About the Author

Mathieu Stevenson

Mathieu Stevenson is the Chief Executive Officer of Snagajob. Appointed in 2019 after previously serving as Snagajob’s Chief Marketing Officer, Mathieu and his team are focused on using data and AI to realize the vision of becoming the first truly on-demand platform for hourly work, instantly connecting millions of hourly workers with hiring employers. Mathieu brings deep technology and marketplace experience across venture owned and public companies, including leadership roles at McKinsey & Company, HomeAway Inc (NASDAQ: AWAY), and most recently, Blucora Inc (NASDAQ: BCOR) where Mathieu served as Chief Marketing and Strategy Officer. Mathieu and his wife Catie have three active, young boys. The family is enjoying their new home and community in Richmond, VA. Mathieu is a graduate of the University of Texas at Austin and attended the Fuqua School of Business at Duke University where he received his Masters of Business Administration. His first hourly job was as a lifeguard.

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