• Job postings on Indeed are down 34% year-over-year through May 29, the company said in an analysis published June 2.
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• That mark is a slight improvement from May 1, when job posts on Indeed were down nearly 40% year-over-year. Similarly, the site recorded a 28% year-over-year decline in the number of new job postings, an improvement from 45% recorded May 1. But the statistical gain in new postings is due more so to a slowing trend in 2019 than to gains this year, Jed Kolko, chief economist at Indeed Hiring Lab, said in the analysis.
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• The downward trends are most pronounced in occupations directly impacted by COVID-19, including hospitality and tourism, Kolko said. But the pandemic has impacted job postings for other industries: software development postings are down 36%, for example, while banking and financing postings are down 51%.

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