{"id":158,"date":"2020-05-28T18:00:29","date_gmt":"2020-05-28T18:00:29","guid":{"rendered":"http:\/\/blog.predictleads.com\/?p=158"},"modified":"2026-05-13T12:41:53","modified_gmt":"2026-05-13T12:41:53","slug":"hiring-intent-data-during-epidemic","status":"publish","type":"post","link":"https:\/\/predictleads.com\/blog\/hiring-intent-data-during-epidemic\/","title":{"rendered":"Hiring Intent Data During the Pandemic: What the Numbers Reveal"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">At <strong><a href=\"https:\/\/predictleads.com\/\">PredictLeads<\/a><\/strong>, we analyzed hiring intent data for <strong>5,000 US-based companies<\/strong> across multiple sectors to understand how the pandemic reshaped workforce demand. Our goal: to see how <strong>hiring intent<\/strong> correlated with the economic consequences of Covid-19.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By March 19, 2020, the first US states had entered lockdown. Within a month, more than <strong>90% of the US population<\/strong> was under some form of restriction. This unprecedented pause in business activity left a visible mark on job openings across industries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Below, we highlight how three sectors\u2014<strong>Information Technology, Consumer Discretionary, and Industrials<\/strong>\u2014were affected during this period.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/predictleads.com\/blog\/wp-content\/uploads\/2020\/05\/hiring-intent-data-during-pandemic-hero.jpg\" alt=\"Hiring intent data during the pandemic showing job posting trends, remote work, and labor market shifts\" class=\"wp-image-1122\" srcset=\"https:\/\/predictleads.com\/blog\/wp-content\/uploads\/2020\/05\/hiring-intent-data-during-pandemic-hero.jpg 1024w, https:\/\/predictleads.com\/blog\/wp-content\/uploads\/2020\/05\/hiring-intent-data-during-pandemic-hero-300x169.jpg 300w, https:\/\/predictleads.com\/blog\/wp-content\/uploads\/2020\/05\/hiring-intent-data-during-pandemic-hero-768x432.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hiring intent data during the pandemic showed how companies adapted through job postings, remote roles, and changing workforce demand.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-information-technology-from-growth-to-contraction\">Information Technology: From Growth to Contraction<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Our <strong>hiring intent data<\/strong> shows a sharp decline in IT job openings starting <strong>March 25, 2020<\/strong>, when nearly <strong>20,000 positions<\/strong> were slashed in a single day.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>March:<\/strong> The US unemployment rate rose from <strong>3.8% to 4.5%<\/strong>. In the IT sector, job openings fell by <strong>6.8%<\/strong>, with <strong>47,000 listings removed<\/strong> in the final week of the month alone.<\/li>\n\n\n\n<li><strong>April:<\/strong> Unemployment skyrocketed to <strong>14.4%<\/strong>, coinciding with an additional <strong>70,000 IT job openings withdrawn<\/strong>\u2014a <strong>12.8% monthly drop<\/strong>.<\/li>\n\n\n\n<li><strong>May:<\/strong> Another <strong>51,000 openings disappeared<\/strong> between May 1\u201328. If job listings correlated directly with unemployment, this trend suggested a further rise to nearly <strong>21% unemployment<\/strong> by month\u2019s end.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">By late May, IT hiring intent had decreased by <strong>10.1%<\/strong> compared to pre-lockdown levels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Industries included: software &amp; services, computer hardware, IT services.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-consumer-discretionary-non-essentials-hit-hard\">Consumer Discretionary: Non-Essentials Hit Hard<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Consumer Discretionary sector<\/strong>\u2014covering leisure products, entertainment, restaurants, and non-essential retail\u2014experienced similar declines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As lockdowns spread, demand for non-essential goods and services plummeted. Our hiring intent data showed clear contraction, with companies scaling back recruitment or freezing headcount entirely.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-industrials-construction-amp-manufacturing-slowdown\">Industrials: Construction &amp; Manufacturing Slowdown<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Industrials sector<\/strong>, encompassing companies producing finished goods for construction and manufacturing, also saw sharp drops in job listings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Factory closures, supply chain disruptions, and uncertainty around demand caused many businesses to reduce or suspend hiring, further compounding economic strain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-hiring-intent-data-matters\">Why Hiring Intent Data Matters<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The pandemic highlighted just how valuable <strong>hiring intent data<\/strong> can be in understanding broader market shifts:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Leading indicator of economic health:<\/strong> Job postings often decline before official unemployment numbers rise.<\/li>\n\n\n\n<li><strong>Sector-specific insights:<\/strong> Not all industries react equally\u2014tracking hiring intent helps pinpoint where growth or contraction is happening first.<\/li>\n\n\n\n<li><strong>Strategic decisions:<\/strong> For sales, recruiting, and investment teams, knowing where companies are still hiring versus cutting back provides a competitive advantage.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Covid-19 created one of the fastest and deepest shocks to <strong>hiring intent data<\/strong> in modern history. IT, Consumer Discretionary, and Industrials all saw major declines as businesses adapted to uncertainty and lockdown measures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For companies, analysts, and investors, monitoring <strong>hiring intent signals<\/strong> provides a forward-looking view into market resilience\u2014or vulnerability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udc49 If you\u2019d like to explore more detailed hiring datasets, check out our <a href=\"https:\/\/docs.predictleads.com\">PredictLeads APIs<\/a> or reach out at <strong><a>sales@predictleads.com<\/a><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-predictleads wp-block-embed-predictleads\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/predictleads.com\/blog\/2025\/07\/31\/how-hiring-tech-insights-help-close-more-b2b-deals\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-predictleads wp-block-embed-predictleads\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/predictleads.com\/blog\/2017\/10\/11\/leveraging-hiring-intent\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-predictleads wp-block-embed-predictleads\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/predictleads.com\/blog\/2024\/07\/09\/ai-adoption-and-sector-shifts-through-job-openings-data\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>At PredictLeads, we analyzed hiring intent data for 5,000 US-based companies across multiple sectors to understand how the pandemic reshaped [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":159,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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