Fall in job postings but hiring demand steadying - Indeed
Indeed's latest report shows a 9.1% annual decline in job postings, though hiring demand has stabilized near pre-pandemic levels. The data also highlights a significant increase in job descriptions mentioning AI skills, particularly in Ireland.
Why it matters
The shift in hiring trends and the rising demand for AI-related skills reflect broader changes in the labor market and the impact of technological adoption.
The number of job postings on hiring platform Indeed has fallen by 9.1% on an annual basis but has recorded a monthly increase of 2.7%.
According to its latest Labour Market Snapshot, Indeed said that overall hiring demand has steadied in recent months, with job postings sitting broadly at their early-2020 pre-pandemic baseline.
The report found that despite modest softening, the labour market remains close to full employment, with the unemployment rate remaining at 5%.
"The figures illustrate a labour market that has normalised following a period of persistently elevated labour demand post-pandemic," Indeed said.
According to the research, the share of Irish job postings that mention AI terms in the description continues to rise rapidly and is now at 14.7% of all postings.
This is the highest among European countries tracked by Indeed.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in