Monster hiring report: August 2020 snapshot
Slow and steady, the economy is looking up, at least for now. We saw this in the latest release of the U.S. Bureau of Labor Statistics’ (BLS) monthly jobs report, which showed that the labor market continued to bring back more jobs last month. And with more jobs, the number of job searches conducted by candidates on Monster trended upward in July as well.
All in all, July’s gain of 1.8 million jobs is a good sign of a rebounding economy and reflects similar activity in the job market that Monster has been tracking all month. Here are some of the sectors having big impacts right now.
Hiring in health care tests positive
Non-emergency, elective medical and dental surgeries and procedures resumed during the month of July, leading to an increase in job growth, particularly in offices of physicians and dentists, hospitals, and home health care. These gains were seen not only on Monster, but also in the 126,000 health care jobs that the BLS reported were added to the labor market last month.
On Monster, jobs for medical assistants, opticians, physician assistants, healthcare support workers, dental assistants, and physical therapists saw healthy increases in offices of dentists and physicians. According to the BLS report, employment increased by more than 45,000 in these types of establishments last month. Likewise, job searches for “physical therapist,” “physician assistant,” and “dental hygienist” positions increased month-over-month on Monster.
The hiring bug spread to other health care institutions as well. In hospitals, Monster data shows monthly increases in job postings for medical and clinical laboratory technicians, surgical technologists, and phlebotomists. Meanwhile, home health care businesses hired for more personal care aides and nursing assistants throughout the month.
Extra care given to nursing jobs
As one of the fastest-growing occupations in the U.S., you can typically count on jobs for nurses to be in high demand. According to the BLS, employment for nurses is projected to grow 26% through 2028—much faster than most other occupations. Exacerbated by the pandemic, hiring ramped up even more so in July with Monster data reflecting a boost in the number of job postings for registered nurses (RNs) and nurse practitioners. Answering the call of duty, more nurses looked for jobs as travel RNs and nurse practitioners as well.
The impact of COVID-19 on mental health
While the unemployment rate continued to decline from its peak of 14.7% in April to 10.2% in July, about 1 in 10 Americans are still out of work. According to the Kaiser Family Foundation, this mass job loss has contributed to significant increases in mental illness and substance abuse among adults over the past couple months. As a result of the terrible impact COVID-19 has had on mental health, Monster is experiencing an upsurge in both job postings and candidate searches for social worker, psychologist, and mental health counselor roles. In July alone, the BLS reported that about 66,000 payrolls were added within this sector.
Jobs are on the menu in restaurants and bars
It’s no secret that bars and restaurants were among the businesses hit hardest by the pandemic. While nearly half of the states paused or reversed reopening because of surges in COVID-19 cases, other states continued to relax restrictions in July, leading to strong job growth. Throughout the month, Monster data showed an increase in new job postings for food prep workers, baristas, and cooks. The recent BLS report echoed these findings with job gains in bars and restaurants accounting for about one-third of July’s total employment numbers.
Hungry for work, the number of job searches related to the food industry increased on Monster as well. While we did see job searches for “hosts” and “hostesses” increase month-over-month, perhaps the most notable increase was that job searches for “cook” more than doubled over the month of July on Monster.
Back-to-school means it’s back-to-work for educators
Schools across the country are currently in the midst of devising back-to-school plans, many of which will now include remote learning. As educators prepare for another year of multiplication tables, book reports, and science experiments, we couldn’t help but notice that July saw some of the highest levels of education job postings on Monster since the country entered lockdown in mid-March, nearing pre-COVID levels. From the candidate perspective, some of the greatest increases in job searches over the past week alone were for teaching and instructional designer jobs.
BLS data revealed a similar trend, with jobs in local and state public schools increasing by 301,000 in July. According to the report, employment in public-sector education typically declines in July. However, due to the pandemic, those decreases occurred earlier than usual this year, resulting in “unusually large July increases” in local government education (+215,000) and state government education (+30,000).
Temporary jobs needed to help navigate the new normal
To help slow the spread of COVID-19, remote work has been a common solution for many businesses to remain open during the pandemic. But moving from the cubicle to the kitchen table has certainly come with its share of challenges. To help navigate the “new normal,” Monster data shows that businesses have increased hiring for temporary jobs related to customer service and IT roles, particularly for computer user support specialists and computer systems analysts. These gains were most recently reflected in the BLS report, which showed an increase of 144,000 jobs in temporary help services.
While COVID-19 has brought a lot of uncertainty to the job market, Monster aims to provide employers with the insight needed to move forward. As you plan your hiring strategy over the next month, see how Monster can help you navigate the challenges of the coronavirus pandemic at your organization.