Brian Xu | LinkedIn Insights 2021 Year End

Audio Transcript Auto-generated

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  Hello, I'm Brian Shoe.

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  I'm a senior data scientist that lengthen come to talk

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  to you about linkedin insights for the end of 2021.

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  Let's get into it.

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  So we're in the midst of what we're calling the Great Reshuffle,

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  and it's a transformation how we work, where we work and also how we hire.

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  So let's get right into how we work. Remote work

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  Has steadily increased in prevalence throughout. 2021.

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  Um, right now, about 16.6% of us paid jobs offer remote work in November 2021,

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  increasing from 99.3% in January 2021.

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  And this 16.6% is attracting 2.4 X the amount of

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  job views and 2.6 x the amount of job applications.

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  And this has increased since the beginning of the year,

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  when they attracted 1.7 x and two x of job views and applications.

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  We're also seeing companies increased the remote jobs they're offering,

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  which is now at 31.8% of U.

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  S.

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  Companies, and it's been a steady increase from 25.6% at the beginning of the year.

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  Um,

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  these are some of the industry's also with

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  the greatest percentage of paid remote posting.

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  So we got software 90 corporate services and media and

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  communication have really adapted to the remote work mindset.

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  Um, now switching the job transitions,

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  they rose rapidly in 2021 following a decrease during the pandemic.

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  Um, right now, in November 2021,

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  we're at 40 plus 40.9% year over year compared to

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  the pandemic and plus 32.6% compared to pre pandemic.

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  Um, and you see, this is steadily increasing from Last year, um,

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  and also from which was about 5.9% of a decrease as we dropped during the pandemic.

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  Um,

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  some of the industries with the greatest increases

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  and workers are software and IT services,

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  transportation and logistics and healthcare.

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  And then we're also seeing that the transitions of women, um,

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  is plus 34.2% compared to pre pandemic,

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  and it's still greater than the job transitions of men.

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  Um, initially, when the pandemic started,

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  we actually saw a decrease in the job transition, the women compared to men.

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  But that seems to be

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  I'm currently reversing,

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  and we're seeing that as Gen Z enters the workforce,

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  their transitions are far exceeding that of

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  millennials and boomers in other generations.

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  So let's talk about where we work now.

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  Um,

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  we're seeing that migration rates are staying below pandemic

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  and pre pandemic levels nearing the end of 2021.

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  So it's down 17.7%, down 26% compared to years ago.

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  Right now, um, some of the places that people are moving to

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  More in 2021 is the South. Many Florida cities up there Miami, Jacksonville,

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  Orlando, Tampa and Austin as well.

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  Um, all of these are seeing almost double digit increases in their migration rate.

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  And so here are the places that people are moving out of, um, which are Minneapolis,

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  San Francisco, Portland, Chicago, Seattle,

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  and they're experiencing the greatest decreases.

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  And then finally, let's look at how we hire,

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  um, a certain trend that we're keeping an eye on is green job skills and industries.

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  They have been prevalent before the pandemic,

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  but now we're seeing that they've probably been accelerated by the pandemic.

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  And so the sheriff,

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  Greek talent members with green or greening jobs with at least

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  the green skill in their profile on the global workforce increased,

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  Um, from 9.6% 5 years ago to now 13.3%.

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  And these jobs have increased tremendously in

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  renewables and environment compared to oil,

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  gas.

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  And at this pace, renewable jobs will

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  Outnumber Oil and Gas Jobs by 2023.

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  Um,

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  and then recently we saw that November 2021 emerged as

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  the strongest hiring months in the start of the pandemic.

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  And we're seeing the recovery now in full swing.

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  Um, some of these industries that we're seeing as recreation and travel,

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  which actually got hit strongly by the pandemic.

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  Um, in the software,

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  19 corporate services are experiencing the strongest

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  hiring right now relative to pick up.

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  Um, and some of the cities are some of the cities that you saw before Austin,

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  Miami are places that people are moving to, and these are, um,

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  seeing very strong hiring rates.

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  And some of the other cities, like San Francisco,

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  is actually down a list of migration to

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  That's all I got for you.

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  That's the end of 2021. We'll see you next year