Real Estate And Construction Jobs Witness Slow But Steady Recovery: Indeed

The overall data indicated that, hiring for real estate jobs has seen a stronger recovery June 2020 and remained steady throughout the second half of 2020

Indeed recently analysed hiring activity in real estate and construction sectors. The two sectors which are mass employers and prime indicators of the country’s growth and development were brought to a halt by lockdowns. However, the recent GDP data released by the National Statistical Office (NSO) for the third quarter of 2020-21 indicated recovery in the sectors, thus reflecting a boost in hiring opportunities.
Indeed’s data revealed that clicks for real estate jobs jumped 22% while postings for these jobs also increased by 3% in March 2020-March 2021. Indeed, which is a real time indicator of labour market activity also analyzed hiring activity in the Construction sector for the same period. The data indicated that while clicks for construction related jobs declined by 18% the postings grew marginally by 0.3%.

Source: Construction Week Online

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