Public Insight’s January 2025 Jobs Report summarizes market insights from the millions of job postings, resumé updates and employer ratings/reviews available in our TalentView platform in addition to broader labor and macroeconomic indicators.
January 2025 Jobs Report Summary
- Job posting volume increased 29.5% in January to 3.4 million.
- Sponsored ad rate increased slightly by 1.8%.
- Average fill days are getting longer – January had highest average in last 12 months at 64 days.
- Administrative and Support Services is the industry sector with the lowest average fill days at 29.
- Compensation has stayed flat for January-November at $67,100 on a composite basis.
- Sectors with January comp growth include Technology and Financial Services at 2.4% and 2.3% respectively.
- New resumes in January decreased 6.8% compared to December.
- The only industry sector with new resume increases was Education at 3.9%.
- Healthcare, Administrative and Support Services, Transportation, and Construction had the highest shortages of supply in January compared to the last 12 months.
- Financial and Professional services had significant shortages in January.
- Net Promoter Score (NPS) dipped again in January to 15.3 (-3.3%) after seeing a slight increase last month.
Key Job Postings Takeaways
- Job posting volume increased 29.5% in January to 3.4 million.
- Four industry sectors increased this January vs. January 2024: Retail, Administrative and Support Services, Transportation and Logistics, and Technology.
- Average fill days based on the trailing twelve months was 52 days and January was 64 days.
- January open postings days at 65.2 decreased 10% compared to December.
Posting Volume
In January job postings increased 29.5% to 3.4 million compared to December, but were down 8% vs. January 2024.
Posting volumes increased in January across all industry sectors compared to December 2024, which is not much of a surprise due to December holidays. Compared to last January four sectors showed an increase in job postings:
Ad Indicators
We also track Indeed ad indicators in job postings, some of which have a fee attached to them. As you can see below, sponsored ads have been steadily rising, then dropped in November and December with a slight uptick in January of 1.8%. Urgent ads have been steadily declining and are hardly used anymore.
Fill Days
Fill days use ad expiration and ad removal to determine a presumptive hire date. When measured over a prolonged time period and over millions of postings this metric provides a strong glimpse of the overall market. We have eliminated evergreen postings, which are postings older than one year.
In the graph below, we show the fill days by month (red graph) along with the percentage of ads (blue line) that have been filled. Obviously, the newer ads have a lower fill rate.
The composite average fill days for the twelve months is 51.8 days encompassing 19 million ads. This 12-month average was 46 days as of December 2024. January reached the highest fill days average at 64.3.
Administrative and Support Services has the lowest average fill days at 28.8 across industry sectors, while Accommodation Services at 58.5 and Retail at 52.7 have the highest.
Open Days
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. 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 over the past 12 months. This value has held fairly steady. The current number of open postings reflected in the graph is 2.4 million as of January 2025. January open days at 65.2 decreased 10% compared to December. The composite average age of open postings is 67 days.
Open days by industry sector over the last 12 months indicates Administrative and Support Services had the lowest average at 42 days and Accommodation Services had the highest at 105 days.
Key Compensation Takeaways
- Mid-posted compensation at $67,100 on a composite basis was flat in January, December and November.
- Compensation range as a percentage of the midpoint compensation was flat compared to December.
- Sectors with January comp growth include Technology and Financial Services at 2.4% and 2.3% respectively.
Compensation Composite
Mid-posted compensation was flat in January at $67,100 on a composite basis across all job postings. It was also flat in December and November.
In the graph below we see the range between the max and min posted comp values (blue line) is basically flat from January (slight decrease of .3%) to December. In December it was a twelve-month high of 25.8%. This suggests that employers are giving themselves more negotiating room for advertised compensation.
Compensation by Industry Sector
- Technology and Financial Services Sectors had the largest increases by 2.4% and 2.3% respectively.
- Transportation had the largest decline by 5.3%.
Key Supply and Demand Takeaways
- New resumes in January decreased 6.8% compared to December.
- The only industry sector with new resume increases was Education at 3.9%.
- Healthcare supply imbalances continue with the gap in January being the worst in last 12 months.
- Administrative and Support Services, Transportation, and Construction also had the highest shortages in January compared to the last 12 months.
- Financial and Professional services had significant shortages in January.
While the labor market remains robust there are still acute shortages of workers in certain sectors. We measure relative supply/demand using net openings against resumes by sector.
Resumes
The number of unique resumes that were published on the Indeed platform decreased 6.8% in January.
The only industry sector that had a new resume increases in January compared to December was Education at 3.9%. The largest declines in new resumes came from Accommodation Services and Construction at -13.8% and -13.6% respectively.
Supply/Demand Chart By Industry Sector
To highlight supply/demand imbalances, we superimpose job seekers based on resumés against net job positions, which are hires based on unique postings shown in the black bar. We can then look at this supply and demand in diverse ways.
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 horizon 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.
Healthcare had its largest imbalance (on the supply side) over the last 12 months in the month of January as did Administration and Support Services, Transportation and Construction. Financial and Professional Services also had a significant supply shortages in January.
Key Worker Sentiment Takeaways
- Net Promoter Score (NPS) dipped again in January to 15.3 (-3.3%) after seeing a slight increase last month.
- NPS improvements across industry sectors include: Government Administration (11.7%), Retail (5.7%), and Administrative and Support Services (2.9%).
- Positive business outlook and CEO approval declined in January.
Net Promoter Score Dips Again
Net Promoter Score dipped in January after a slight increase in December, which followed several months of dips as well. Net Promoter Score is measured based on the percentage of positive reviews over negative reviews. A score of 15.3 out of 100 means there are only marginally more “fans” than there are “detractors.”
Net Promoter Score by Industry Sector
The graph below breaks down the Net Promoter Score by Industry Sector.
- Notable January improvements include Government Administration (11.7%), Retail (5.7%), and Administrative and Support Services (2.9%).
- Notable declines occurred in Entertainment (-13.5%), Accommodation Services (-11.1%), and Manufacturing (-9.6%).
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