april 2025 jobs report

Public Insight’s April 2025 Jobs Report summarizes market insights from the millions of job postings, resumé updates and employer ratings/reviews available in our TalentView talent market intelligence platform.

Summary

Dashboard – Comparisons of Key Metrics from April 2025 to March 2025 and to April 2024

Postings

Posting Volume Declines Are Moderating

April job postings declined 7.5% from the same period last year to 3.15 million. Postings have declined from the prior year in each month in 2025. However we note that the percentage of decline is substantially less than the 18% declines of the last two months. Further, job postings in April increased sequentially 6.1% from March 2025. 

Posting Volume By Industry

Year-over-year (YOY) volume declines occurred in 15 of the 19 largest sectors. Highlights include:

  • Transportation grew nearly 15% in the past year. 
  • Administrative and Support Services went up nearly 13%. 
  • Utilities and Technology also grew on a year-over-year basis.
  • Education, Wholesale, and Entertainment Providers were the biggest losers with year-over-year declines of 15-19%. 
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AI-generated content may be incorrect.

Fill Days Decline Indicates Faster Market Movement

Fill days use ad expiration and ad removal to determine a presumptive hire. When measured over a prolonged period of time and over millions of postings it provides a strong glimpse of the overall market. The trailing twelve months is used as a time period for our analysis. 

In the graph below, we show the fill days by month along with the percentage of ads (blue line) that have been filled. Obviously, the newer ads have a lower fill rate, because they haven’t been posted as long as the older ads. 

Fill days as a composite declined from 49.0 days to 45.4 days. Further, the percentage of ads filled over twelve months increased slightly from 83% to 84%. This is an encouraging trend as we see more jobs being filled faster over the same time period. It also reverses a fairly long trend of increasing fill days. 

Open Days Holds Steady

Open days are postings that are still determined to be open. We track every job posting uniquely and ascertain its fill status on a weekly basis. Generally, we have found that twelve months to be a suitable time period to evaluate the age of open days. Older postings may distort the open days as they may represent “evergreen” postings. For this reason we eliminate implied evergreen ads that are older than one year. 

The graph below shows the aging of open postings for the past twelve months. This value has held fairly steady, ranging from 64 to 67 days. The current number of open postings reflected in the graph is 3.4 million. The composite aging of open postings is 66.1 days representing 15.8% of all postings during this period. The blue line shows the percentage of ads for that month that are still open. 

Compensation

Compensation Composite Relatively Unchanged 

Mid-posted compensation increased 1.1% in April to $66,800 on a composite basis across all job postings. Compensation has remained relatively flat since November 2024. The range of pay between max and min as a percentage of the midpoint remained steady at 25.7%. However this number is substantially higher than a year ago at 22.7%. This suggests that employers are giving themselves more negotiating room for advertised compensation. 

Compensation by Industry Sector

  • Transportation rebounded from a multi-month slump but remains unchanged over the past year. 
  • Manufacturing continues its ascent and is now at a twelve-month high.
  • Hospitals and Health Care continues to be strong and also at a twelve-month high. 
  • Technology, Information and Media resumed its ascent and is now 18.3% above its prior year values.
  • Professional Services and Financial Services remain strong. 

Supply and Demand

Resumes Decline Indicates Passive Job Seeker Market

The number of unique resumes that were published on the Indeed platform decreased a whopping 34.5% in April. Further, the number of unique resumes published during the last nine months declined 12% from 33.9 million to 29.8 million. Individuals are holding onto jobs and are not as active in job seeking. 

Supply/Demand Imbalances Tilt Towards Demand

To highlight supply/demand imbalances, we superimpose job seekers based on resumés against net job positions (hires based on unique postings). The graphs highlight supply surplus (more job seekers than net postings) shown in green, or supply shortage (less job seekers than net postings) shown in red. We picked a time period of nine months, which highlights the current market surplus or shortage. The total bar reflects the summaries of openings and resumés for that time period.

A screenshot of a graph

AI-generated content may be incorrect.

Supply/Demand Scorecard

Our scorecard presents the current state of supply/demand by sector at the end of April as well as the previous state over the last nine months.  

Many sector have tilted towards demand heavy. The movement below highlights movement toward unmet demand (blue) vs. movement towards oversupply (green). We noted that Transportation continues to trend towards an increasing unmet need for workers. Construction has tilted back towards unmet demand. Technology and Financial Services have stabilized. 

SectorCurrent StatePrevious State
Hospitals and Health CareHeavy Unmet DemandHeavy Unmet Demand
Accommodation ServicesModerate OversupplyHeavy Oversupply
RetailModerate OversupplyModerate Oversupply
Professional ServicesSlight Unmet DemandSlight Unmet Demand
ManufacturingSlight OversupplyModerate Oversupply
Transportation, Logistics, …Heavy Unmet DemandModerate Unmet Demand
ConstructionSlight Unmet DemandParity
Technology, Information, …ParitySlight Unmet Demand
Financial ServicesSlight Unmet DemandSlight Unmet Demand
EducationParitySlight Oversupply
Consumer ServicesModerate OversupplyModerate Oversupply
Entertainment ProvidersParityModerate Oversupply
WholesaleParityParity
Administrative and Support ServicesHeavy Unmet DemandHeavy Unmet Demand

Worker Sentiment

Net Promoter Score Rebounds

Net Promoter Score (NPS) has been stagnant for many months, but April presents a glimmer of good news with NPS increasing 10% to 17.7.

Positive Business Outlook and CEO Approval based on Glassdoor Ratings also increased slightly at just over 1% after hitting bottom last month. 

Labor Market

Key Labor Market Takeaways

  • Job Openings were down 2.0% in March to 7.2 million, the same level as January 2021. 
  • Job Hires remained flat in February at 5.4 million and 5.9% above the June 2024 low point of 5.1 million jobs and 21% below the peak of 6.8 million in early 2022.
  • Layoffs and Discharges fell 6% to 1.6 million. While layoffs from time to time get attention in the news, the market at large has had fairly low turnover for many months. 
  • Quit rates have slowly climbed after hitting bottom in November 2024. By comparison it is still in line with historical levels. 
  • The unemployment rate dropped back to 4.2% in March after hitting 4.5% in February and still well within historical levels. 

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