Tracking Corporate Hiring Trends During COVID-19

In the wake of the COVID-19 pandemic, monitoring job listings at the company or geographic level offered a way to map several dimensions of the impact on U.S. labor markets. Scholars from Cornell University explored how job listings can illustrate whether a company is cutting hiring for high- or low-skill roles, or in which cities particular companies are concentrating their hiring efforts.

Their research into hiring trends under COVID-19 demonstrates how using job listing data can equip private and public organizations with the data-driven insights they need to build informed solutions to widespread economic crises.

LinkUp’s job listing data, collected daily and directly from company websites since 2007, can provide unprecedented insight into market trends at the industry, geographic, or company level. Because a listing indicates an intent to hire, tracking job listings can indicate strategic direction, business growth, or financial health.

Campello, Murillo and Kankanhalli, Gaurav and Muthukrishnan, Pradeep, Corporate Hiring under Covid-19: Financial Constraints and the Nature of New Jobs (May 8, 2020). Journal of Financial and Quantitative Analysis (JFQA), Forthcoming , Available at SSRN: https://ssrn.com/abstract=3596 or http://dx.doi.org/10.2139/ssrn.3596655