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The demand for office workers in the UK is lagging behind other types of work, according to data suggesting that the labor market is experiencing an “asymmetric recovery” after the almost total freeze in hiring during the lockdown. coronavirus.
The proportion of workers with new jobs in industries that primarily employ people in so-called white-collar roles, such as media, software, and finance, has lagged behind other sectors despite a gradual return to workplaces, according to data from LinkedIn, Microsoft-owned work -Focused social network.
The data suggests that hiring has increased significantly in some sectors that may be less affected by the pandemic. The new employment rate for transportation and logistics workers is up 18% year-on-year, and delivery drivers are among the hottest new jobs, possibly reflecting the boom in online shopping during the shutdown. New jobs in healthcare and construction increased 12% and 9%, respectively.
However, the rate of new jobs in software or IT companies has dropped by 9% year-on-year, while the rate of legal and financial jobs has dropped by almost one tenth each. The rate of new jobs in the media is 17% lower than last year.
The leisure industries are among the hardest hit by the Covid-19 crisis, reflecting continued restrictions on large concentrations of people. New jobs for entertainment workers are down 30%, and the rate of new jobs for recreation and travel workers is down 31%.
Many economists have predicted that unemployment will rise dramatically towards the end of the year after the government withdraws wage support in November. Forecasters are predicting on average that UK unemployment will reach 8.3% in the fourth quarter, according to estimates compiled by the Treasury. That compares with 3.9% unemployment reported in June.
LinkedIn data, shared with The Guardian, suggests that the total number of people reporting new jobs in the UK is 6% lower than the same point last year, compared to 49% lower in mid-September. may. The social network compares the number of members who added a new job starting this month with the previous year.
Separate data from the jobs website In fact, it suggests that new jobs are still well below last year’s levels, though constantly improving. As of August 21, the seven-day moving average of new jobs on the site is still down 53% compared to 2019.
Mariano Mamertino, an economist covering Europe on LinkedIn, said the data showed steady improvement in the UK job market since the coronavirus lockdown froze hiring. However, he noted that there was “an asymmetric recovery in all industries.”
He said: “Industries like finance, legal, software and IT, corporate services, and media and communications, which have largely white-collar roles, face stronger headwinds and are all below the national hiring rate.”
