LinkedIn Workforce Report | United States | September 2022
Over 191 million workers in the U.S. have LinkedIn profiles and members can add over 39,000 skills to their profiles to showcase their professional brands. That gives us unique and valuable insight into U.S. workforce trends.
This LinkedIn Workforce Report is a monthly report on employment trends in the U.S. workforce. It’s divided into two sections: a National section that provides insights into hiring and migration trends across the country, and a City section that provides insights into localized employment trends in 20 of the largest U.S. metro areas: Atlanta, Austin, Boston, Chicago, Cleveland-Akron, Dallas-Ft. Worth, Denver, Detroit, Houston, Los Angeles, Miami-Ft. Lauderdale, Minneapolis-St. Paul, Nashville, New York City, Philadelphia, Phoenix, San Francisco Bay Area, Seattle, St. Louis, and Washington, D.C.
Our vision is to create economic opportunity for every member of the global workforce. Whether you’re a worker, an employer, a new grad, or a policymaker, we hope you’ll use these insights to better understand and navigate the dynamics of today’s economy.
Key Insights
Hiring beginning to level out: Nationally, across all industries, hiring in the U.S. was 6.5% higher in August compared to July – the first monthly increase we’ve seen since April. While hiring hasn’t returned back to the elevated levels experienced in early spring, it’s likely we’re starting to see a leveling out in the near term. More specifically, hiring is still 8.5% below where it was in April; however, with this month’s increase, hiring is now slightly above pre-COVID levels – 0.2% above February 2020.
Widespread industry gains: The industries with the most notable hiring shifts month-to-month in August were Farming, Ranching, Forestry (14.8% higher); Hospitals and Health Care (13.1% higher) and Utilities (11.8%). Ten out of the 20 industries we track had hiring above pre-COVID levels; this is an increase from the five industries that saw gains in last month’s report. We saw hiring gains run the gamut from industries such as Consumer Services and Transportation to Farming and Education.
- New hiring uptick seen in cities across the country, but none back to the elevated early spring levels: Eight of the 20 metro areas we track had hiring above pre-COVID levels, increasing from the three metros that saw increases in last month’s report. While several metros saw month-over-month gains, none had hiring back to the elevated levels seen in early spring. The metros with the most notable hiring shifts month-to-month in August were Houston (9.6% higher); Detroit (9.5% higher); and Austin (8.4% higher).
Hiring
The LinkedIn hiring rate is a measure of hires divided by LinkedIn membership. Nationally, across all industries, hiring in the U.S. was 6.5% higher in August 2022 compared to last month July 2022. National hiring was 5.3% lower in August 2022 compared to last year August 2021.
The industries with the most notable hiring shifts month-to-month in August 2022 were Holding Companies (15.8% higher); Farming, Ranching, Forestry (14.8% higher); and Hospitals and Health Care (13.1% higher).
Table 1: Hiring on LinkedIn, by Industry, through August 2022
Industry | Aug-21 | ··· | May-22 | Jun-22 | Jul-22 | Aug-22 | MoM% Change | YoY% Change |
Accommodation | 1.17 | ··· | 1.17 | 1.09 | 1.00 | 1.02 | +1.2 | -13.1 |
Administrative and Support Services | 1.22 | ··· | 1.23 | 1.15 | 1.16 | 1.24 | +6.7 | +1 |
Construction | 1.23 | ··· | 1.33 | 1.26 | 1.16 | 1.26 | +9.3 | +2.4 |
Consumer Services | 1.10 | ··· | 1.18 | 1.11 | 1.12 | 1.14 | +1.2 | +3.5 |
Education | 1.15 | ··· | 1.25 | 1.22 | 1.16 | 1.29 | +11.1 | +12.2 |
Entertainment Providers | 1.16 | ··· | 1.15 | 1.02 | 0.95 | 0.94 | -1.8 | -19.2 |
Farming, Ranching, Forestry | 1.30 | ··· | 1.21 | 1.21 | 1.17 | 1.35 | +14.8 | +3.6 |
Financial Services | 1.29 | ··· | 1.33 | 1.25 | 1.17 | 1.29 | +10.6 | -0.4 |
Government Administration | 1.05 | ··· | 1.16 | 1.09 | 1.02 | 1.07 | +4.8 | +2.5 |
Holding Companies | 1.21 | ··· | 1.21 | 1.17 | 1.05 | 1.22 | +15.8 | +0.5 |
Hospitals and Health Care | 1.26 | ··· | 1.29 | 1.21 | 1.16 | 1.31 | +13.1 | +4.4 |
Manufacturing | 1.23 | ··· | 1.19 | 1.12 | 1.11 | 1.12 | +1.3 | -8.6 |
Oil, Gas, and Mining | 1.07 | ··· | 1.13 | 1.08 | 1.02 | 1.07 | +5.7 | +0.3 |
Professional Services | 1.30 | ··· | 1.26 | 1.16 | 1.08 | 1.15 | +6.7 | -11.3 |
Real Estate and Equipment Rental Services | 1.30 | ··· | 1.33 | 1.22 | 1.13 | 1.18 | +4.2 | -9.5 |
Retail | 1.08 | ··· | 1.08 | 0.93 | 0.92 | 0.93 | +0.9 | -13.9 |
Technology, Information and Media | 1.41 | ··· | 1.47 | 1.32 | 1.29 | 1.31 | +2.1 | -6.8 |
Transportation, Logistics, Supply Chain and Storage | 1.48 | ··· | 1.42 | 1.35 | 1.27 | 1.34 | +4.9 | -9.7 |
Utilities | 1.10 | ··· | 1.13 | 1.06 | 1.22 | 1.36 | +11.8 | +24.1 |
Wholesale | 1.18 | ··· | 1.14 | 1.10 | 1.03 | 1.11 | +6.9 | -6 |
Methodology: “Hiring Rate” is the count of hires (LinkedIn members in each industry who added a new employer to their profile in the same month the new job began), divided by the total number of LinkedIn members in the U.S. By only analyzing the timeliest data, we can make accurate month-to-month comparisons and account for any potential lags in members updating their profiles. This number is indexed to the average month in 2016 for each industry; for example, an index of 1.05 indicates a hiring rate that is 5% higher than the average month in 2016.
Migration
The U.S. cities losing the most people are College Station-Bryan, TX; State College-DuBois, PA; and Lafayette, IN. For every 10,000 LinkedIn members in College Station-Bryan, TX, 227 left in the past 12 months.
The U.S. cities gaining the most people are Austin, TX; Nashville, TN; and Tampa Bay, FL. For every 10,000 LinkedIn members in Austin, TX, 135 arrived in the last 12 months.
Check out our reports for Atlanta, Austin, Boston, Chicago, Cleveland-Akron, Dallas-Ft. Worth, Denver, Detroit, Houston, Los Angeles, Miami-Ft. Lauderdale, Minneapolis-St. Paul, Nashville, New York City, Philadelphia, Phoenix, San Francisco Bay Area, Seattle, St. Louis, and Washington, D.C., to see which jobs are open.