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May 18, 2020
Proprietary
May 18
th
Shifting Hiring Trends for COVID-19: Global
Global Unemployment shifted from 5% to 10% by Q2
❑ Global unemployment impact is estimated at 305M jobs, or
10.5% of global workforce
❑ As countries resume operations and businesses reopen,
many of those jobs are returning
❑ In China, there are over 6.5M Jobs Available (3X what
was available in January) but still down 29% YoY
❑ Critical Note: Resumption of jobs doesn't generally
produce job postings, so market reflection is new job
creations
❑ Part-Time Jobs Available still represent 23% of all Jobs
Available (up 10% YoY)
❑ Contract Jobs remain nearly 15% of all Global Jobs
Source: Gartner's TalentNeuron
*Based on assessment of all job postings in market(s)
