Monday, October 5, 2009

Indeed job trends search

I just discovered this trend search available at Indeed and it is incredible! You enter search terms and you can see the trends of job postings back to 2005 (I'm assuming that's when Indeed started) in graphical form. Their example shows an astronomic rise in the frequency of the term "social networking" appearing in job postings. I think the possibilities are endless in exploring this data.

The "Absolute" tab will show the percentage of all jobs that contain a given search term, so you can see, for example, which states are doing better relative to others. Minnesota peaked in January '09 at .6% of the total job postings (not perfect, since the state name isn't always mentioned in the job posting, of course). Iowa, however, has been holding steady for 2 years.

What about job titles? Engineer also peaked in January '09, but Accountant has been falling since January '08 or so. If you want to put two terms in the same graph, separate them with a comma in the search box (Here's the example comparing engineers to accountants in relative terms).
Anybody doubting that Healthcare has fueled a lot of job growth can look at the chart for Nurse and see that it has more than doubled its share of the total job postings and hasn't fallen yet, while you can clearly see that certain manufacturing jobs have been plummeting.

The other option is "relative" which shows the percentage growth over time compared to the same search terms. So you can see that our manufacturing jobs have fallen over 50% while our Nurse search has increased over 100% since 2005 (that is there are more than twice as many nurse job postings today than there were 4 years ago).
I could get lost in this data, but it could be useful for recruiters deciding where to specialize or focus, or for students deciding on a field of study, or any number of other reasons.

Oh, and for the curious, I think that the Recruiter search probably most closely matches the overall job trends...down about 12% from Fall '07, and about 25% from its peak in July '07.

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