: Looking for a remote job? Your chances of finding one are dropping, Indeed says

by | Nov 16, 2023 | Stock Market

The typical white-collar workweek seems to have become a mix of in-office and at-home work. But a job applicant’s chance of landing a new remote job, or one that allows mostly at-home work, is looking slimmer in the near future, according to a new analysis. There are diverging paths between new job opportunities that require workers to show up in-person and new jobs that are at least partly remote, according to a new report by the job-search site Indeed.

Overall, postings on the job-search site declined 1% from June to November. It’s a sign of a labor market that’s cooling, but not yet stumbling from its once white-hot status, the report says. “Employers’ hiring appetites are no longer as ravenous as a few years ago,” wrote Nick Bunker, Indeed’s director of economic research. On Thursday, government data showed last week’s jobless claims climbing to 231,000. That was a three-month high, and another hint at the softening market. In October, the economy added 150,000 jobs, a slightly-below the forecast number, while the unemployment rate edged up to 3.9%. In the sectors with the most jobs that can be performed remotely, however, the drop-off in job postings on Indeed has been more pronounced. These are jobs in fields including software development, human resources and marketing, Bunker said. In fact, the drop is so sharp that the number of job postings for these “high-remote” sectors is now back at pre-pandemic levels. The report considers remote work to be a job that’s either fully from-home or a hybrid arrangement, Bunker noted.

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