What Skills are Most in Demand?
Demand has weakened for most skills
As hiring stagnates, we're all eager to understand the behavior of labour markets more deeply. Since every job is a collection of skills, analysis of skills using Revelio Labs workforce intelligence software reveals important insights into how jobs are evolving.
By analyzing job postings and the associated skills, we explore how hiring demand has changed from the previous year for every major skill group in our latest labour market analysis:
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- While healthcare skills are in greater demand, the coronavirus has clearly had a negative impact on the greater job market, as demand has fallen for every other skill group, our workforce intelligence software shows.
- Perhaps ironically, even positions that can be done remotely (and that have previously been in high demand), such as engineering, coding, finance, are still seeing a significant decrease from a year ago.
- Foundational skills such as teaching, construction, and real estate, are experiencing smaller decreases than the broader market, suggesting that the economy is adapting well to a scarce environment.
If you have any ideas of other metrics to track or would like to hear more about Revelio Labs workforce intelligence software or this particular labour market analysis, please feel free to reach out to us.