Internet Association Releases New Monthly Jobs Indicator Ahead of June Jobs Day
“The 3i Jobs report offers a never-before seen view into what online platforms can show us about our labor market and the longest-running expansion in America’s history.”Dr. Christopher Hooton, IA Chief Economist
Washington, DC – Internet Association today released the IA Industry Indicators: Jobs (3i Jobs) report, which presents monthly insights on the U.S. job market using data from national and internet-based resources. The report tracks trends in the traditional and freelance job markets and presents unique information on hiring, openings, and online income by combining original IA analysis with data from IA member companies including Thumbtack and Indeed.
“The 3i Jobs report offers a never-before seen view into what online platforms can show us about our labor market and the longest-running expansion in America’s history,” said IA Chief Economist Dr. Christopher Hooton. “Our inaugural report shows explosive growth in online job postings, an uptick in sentiment among freelancers, and a month over month doubling of online income.”
Key findings from the report include:
- Online job postings are up considerably while the U.S. unemployment rate continues to decline. Online job postings for full time positions are up 3.5 percent month over month, and 26.4 percent year over year, while part time positions are up 7 percent month over month, and 36.9 percent year over year.
- The three most top postings for full time positions in May were driver, direct support professional, warehouse worker. The three top postings for part time positions were shipping and receiving clerk, data entry clerk, and medical assistant.
- One third of U.S. adults earn money online and average online income more than doubled in May, according to an IA survey. On average, workers $1190.65 per month in May, up more than $759 from April.
“The strong labor market performance captured by the 3i Jobs report shows both the exciting potential of using the internet to better understand our labor market and how the internet is a vital tool for people to find work and create income in a variety of ways,” said Hooton.
To read the full report, click here.