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LinkUp

We’re a leading data-driven job search company. Every day we index millions of job openings directly from employer websites. As a result, we provide premium job search for job seekers, valuable exposure for employers, and insightful job market data for all.

Our Mission: To empower people with knowledge and insights through perfect job information. With the highest-quality index of global job listings, we enable people to find great jobs, superior candidates, and brilliant labor market insights. And by being deeply rooted at the intersection of these three, we are transforming the job market.

October 19, 2021 / Economy

Challenges to building our future

From LinkUp
Our nation’s infrastructure is set to get a massive funding boost courtesy of the Federal government’s American Rescue Plan Act and bipartisan Infrastructure Investment and Jobs Act. In their new report entitled Hard-to-Fill Infrastructure Jobs: A Challenge to Building Our Future the National League of Cities explores the labor market’s readiness for the influx of infrastructure jobs that will be created by these new funding streams. An infrastructure job is one in which the work required is related to the design, construction or maintenance of infrastructure
October 11, 2021 / Business

LinkUp Forecasting Net Gain of 625,000 Jobs In September But Large Bid-Ask Spread In Job Market Will Persist

From LinkUp
This past May, following a disappointing jobs report for April, we posited that the job market was not afflicted with a labor shortage but rather a wage shortage. In subsequent months, we expanded our argument by laying out the case that the job market was suffering from a massive bid-ask spread between employers and employees. Health risks and economic devastation from COVID were obviously the primary contributors to illiquidity in the job market, but beyond those first-level factors, the pandemic incited what we called in June’s post a ‘stealth revolution.’
September 24, 2021 / Business

Like comparing Apples to unicorns

From LinkUp
Apples to apples? In this market, it might make more sense to compare Apples to unicorns. Currently, that exchange rate is right around 1 to every 800. There are now more than [800 “unicorns](https://www.cbinsights.com/research-unicorn-companies?utm_source=chartr)” or private startup companies worth more than $1 billion (like Stripe, SpaceX, Reddit, Instacart, Warby Parker, and Discord to name just a few). Combine those 800 with yet another 800 super promising companies and you wind up with a total combined valuation of $2.6 trillion. A staggering figure that, remarkably, is almost equal to what the world’s most valuable company
September 22, 2021 / Business

Pay hikes and hiring surges: tracking Amazon’s recruitment woes

From LinkUp
Another day, another Amazon headline. The world’s largest online retailer is making new again, this time with their recently announced plans to hire more than 125,000 warehouse and transportation workers. Delving into our data we can see a 13% increase in production occupations. While this number was not even close to the 125,000 roles they plan to increase, it does tell us they are definitely increasing hiring. We would anticipate more listings for production occupations will likely be posted in the future.
September 16, 2021 / Economy

Jobs Recap: August 2021

From LinkUp
It appears we’re closing the summer on a hot streak as overall job listings continued to rise in August for the 6th month in a row. While the trajectory is positive, the pace of growth continues to slow with August non-farm payroll numbers missing estimates and another increase in the number of jobs deleted in our database. This could be a sign of a broader slow-down, but we would anticipate hiring will accelerate ahead of the holiday season.
September 1, 2021 / Economy

Labor Demand in Goods Producing Industries Outpacing Labor Demand in Service Industries

From LinkUp
We’ll post updated charts later this week when we get our data for August, but we wanted to post the two charts below that show total (below) and new job openings (bottom) in goods and services industries between January 2020 and July 2021. As the first chart below for total job openings shows, between May and November last year, labor demand in services industries rose faster immediately following the decimation of Q2 ’21 than goods-producing industries.
August 31, 2021 / Business

Getting a pulse on the Healthcare Industry

From LinkUp
The healthcare industry remains in the spotlight, where it has been firmly planted since the pandemic began. Now with the rapid evolution of Delta and the new wave of cases that have come with it, we see story after story of continued pressure placed on the sector. Workers on the front lines are battling burnout during a wave of the pandemic that is, by and large,most gravely impacting the unvaccinated. Meanwhile, stories emerge almost daily about hospital systems in COVID hotspots on the brink of collapse.
August 17, 2021 / Economy

Jobs Recap: July 2021

From LinkUp
Temperatures weren’t the only thing rising in July, as sky high summer heat was accompanied by increasing job listings, with the month up 4.6%. This follows the slowdown observed in June where listings dipped by almost 1%. Reflecting on job demand changes overall, it is noteworthy that over the last year, only two months have seen a decline in listings, and growth continues.
July 30, 2021 / Economy

Job Market Maintains Goldilocks Perfection

From LinkUp
In our Non-farm Payroll forecast earlier this month, we highlighted the yawning chasm of the bid-ask spread between employers and employees these days and touched on some of the structural mechanics of the job market in the context of how efficient or inefficient the job market is (typically), how COVID has obliterated any normalcy that might have previously existed in the job market, and what we expect to see in the coming months.
July 19, 2021 / Economy

Jobs Recap: June 2021

From LinkUp
Looking back at the month of June, we see growth has slowed and the labor market appears to be leveling off. The month brought the first signs that the job market is cooling down. It’s not quite a summer slump, but maybe, just maybe, this slowdown signifies things could be (dare we say it?!?) returning to “normal.” While more than half of industries saw decline, several did see strong job growth last month. Topping the list are Real Estate and Rental and Leasing (+7.3%), Finance and Insurance (+6.8%), Information (+5.4%), and Professional, Scientific, and Technical Services (+6.8%).
June 30, 2021 / Economy

Wage inflation: Overhyped or rising concern?

From LinkUp
Wage inflation has been a hot topic of late, with many employers saying that they are having to raise compensation to attract workers. This is an area that touches every corner of the economy as labor is a key input in almost every industry. Even the Federal Reserve is starting to take note, last week indicating via its “dot plot” a median estimate of two rate hikes before the end of 2023. Since a dovish Fed has been a central thesis of bullish equity markets, investors will continue to pay close attention to wages.
June 21, 2021 / Economy

Is the Consumer Discretionary Sector sailing toward recovery?

From LinkUp
Recently, Consumer Discretionary (CD) has been an interesting sector to analyze. Due to its non-essential nature, COVID’s impact on the sector cannot be denied. However, as it looks like we are turning a corner on the pandemic, CD seems to be undergoing shifts that make it worth taking a closer look. We can see from the S&P 500 index that Consumer Discretionary took a significant hit right after the onset of COVID, as one might expect. But since then CD has had a strong recovery.
May 24, 2021 / Economy

The Crypto Craze

From LinkUp
Crypto has been dominating headlines lately, from Dogecoin to Bitcoin the digital asset has become THE hot topic for news and media outlets. It’s not just media outlets that have latched on to the crypto craze, large institutions are also starting to explore the possibilities of this technology. Naturally we were curious as well, so in this post we use Linkup’s Raw dataset to take a look at who has job listings in this area.
May 11, 2021 / Business

Jobs Recap: April 2021

From LinkUp
We’ve got a spring in our step after yet another month of growth. Following the 11% increase in active job listings we saw in March, and our return to pre-pandemic job levels, April’s active job listings were up a solid 4%.
May 10, 2021 / Business

Tracking Starbucks jobs as coffee sales cool

From LinkUp
When little else is certain, there is always coffee. The beverage remains the undisputed favorite in the U.S., with Americans consuming 400 million cups per day. But believe it or not, fewer people drank coffee in the United States during the pandemic compared to levels seen before it, according to a survey by the National Coffee Association (NCA).
May 7, 2021 / Economy

LinkUp Forecasts Gain of 1.1M Jobs In April

From LinkUp
While it’s extraordinarily positive and extremely encouraging to be so firmly entrenched in economic recovery mode, there’s a strange sense of deja-vu that we’ve returned to a very similar place circa 2011/2012 with everyone trying to read tea-leaves and goat entrails to discern where the job market is and what the pace of job gains will be in the coming months.
April 15, 2021 / Economy

Novavax jobs up as COVID shot nears approval

From LinkUp
Materials for the early new mRNA vaccines are becoming harder to get, and they are hard to manufacture and store. But there’s another vaccine on the horizon that could solve some of those problems, and keep vaccination efforts moving. A vaccine created by Maryland-based biotech company, Novavax, showed 89.3% efficacy in a Phase III UK trial with 15,000 participants. The company is anticipating receiving emergency-use authorization from the FDA in May, and is set to expand vaccine trials in Q2 to include children and teens, and to begin crossover trials that will ensure all participants, including U.S. study participants, receive an active vaccine candidate.
April 5, 2021 / Economy

Earning their stripes

From LinkUp
Stripe has soared past SpaceX and pushed past Instacart to become the most valuable startup in the country. Earlier in the month, the company announced a new $600 million round of funding that included investors like Sequoia Capital, Fidelity Management, and Ireland’s National Treasury Management Agency and puts Stripes current valuation at $95 billion. For those keeping track, the figure has nearly tripled since Stripe’s previous valuation of $36 billion last year. With this most recent round of funding Stripe, which builds software that allows businesses to process payments online, has become the most valuable private company to come out of Silicon Valley–and it’s little wonder why.
April 5, 2021 / Economy

The S&P 500 at 4,000, Kitten NFTs for $1M, and Job Gains of 800,000

From LinkUp
Given the positive news of late and the broader trends around the pandemic, it’s tempting to start this post by noting that things seem to be slowly but surely starting to return to normal. But of course, that’s an entirely absurd notion. I’m not sure normal is still a thing. And in any event, the world is just about as bat-shit crazy as ever and the best that can be said is that maybe, just maybe, we’ve let up ever so slightly on the accelerator as we barrel down the highway toward the cliff of irreversible insanity. There’s a decent chance, in fact, that we drove off that cliff years ago and still have no idea.
March 26, 2021 / Economy

Job demand is back to pre-pandemic levels

From LinkUp
While the past year has made good news a rarity, we’re happy to say we’ve found a bright spot: job listings in the U.S. are back to pre-covid levels. (We’ll pause here for a collective ‘woo hoo!’). Make no mistake, with the pandemic still far from over, we remain in historic and uncharted territory. Unemployment was still at 6.2% in February, and we are in the midst of a female recession with countless women now missing from the labor force. However, when little feels familiar or certain, it is encouraging to see good news in the job listings numbers. We anticipate employment numbers will also continue to rise, as job listings are generally predictive of future hires. We saw job demand continue to rise since the pandemic crash witnessed last spring, and 2021 has largely seen that growth continue.