Closed duration, or the average number of days job listings are posted on company websites before they are removed, tracks hiring velocity across the entire U.S. economy. As the average number of days a job listing remains live increases, hiring velocity slows.
Listings removed in January remained open for an average of 50 days – 8.7% longer than the 46-day average of listings removed in December 2022. This leap follows months of little change in the closed duration of listings.
This rise in closed duration appears to align with changes seen across similar time frames in the past. From December 2021 to January 2022, closed duration increased 6.7%. Two years prior, December 2020 to January 2021, the increase in closed duration was 4.9%.
Jobs Data by State
After months of declining job listings across a majority of states, 71% of all states experienced growing job demand from December to January.
States that experienced the most growth in job listings include West Virginia (13.3%), Kentucky (6.1%), Mississippi (5.1%), and Nebraska (5.1%). Of the 29% that experienced job listing slumps, South Dakota (-4.7%), District of Columbia (-4.3%), California (-3.4%), and Oregon (-2.6%) saw the largest declines.
The LinkUp 10,000 is an analytic published daily and monthly that captures the total U.S. job openings from 10,000 global employers in LinkUp’s jobs dataset with the most U.S. job openings.
While the LinkUp 10,000 jumped by just 1.0% through January, this is the first increase seen since March 2022. This rise follows declines of 5.2% in December and 4.5% in November.
Insights: Related insights and resources
November 2022 Jobs Recap: November job listings show cooling labor demandRead full article
August 2022 Jobs Recap: Jobs are down 3.5% in August, while duration increasesRead full article
May 2022 Jobs Recap: May job listings down 4.2%Read full article
March 2022 Jobs Recap: Active job listings grew by 3.7%Read full article
December 2021 Jobs Recap and 2021 Year in Review: A year of growth and changesRead full article
October 2021 Jobs Recap: Autumn brings falling job listingsRead full article
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