After a five-month dip, new online job ads surpassed pre-COVID levels in August. Though the lack of demand in higher-wage occupations has continued, this may be tied to fewer separations in recent months.
Hiring demand—exemplified by new online job ad volume—continued its recovery through July but remained lower than pre-COVID levels, especially in certain occupation groups and areas of the country.
With the Fall semester approaching, higher education institutions are evaluating and announcing a wide range of scenarios for educating students—from fully virtual options to bringing students back to college campuses under various restrictions to protect students, faculty, and staff. These decisions will impact the institutions themselves as well as the economies of college towns.