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23 April 2020updated 04 Sep 2021 6:33pm

Jobs market downturn continues, with tourism vacancies down 67.5 per cent since February

By Michael Goodier

The global jobs market has worsened once again over the past week, with the number of available jobs falling in the tourism, medical, automotive, insurance, banking and mining sectors.

Latest figures from GlobalData showed travel and tourism remains by far the hardest-hit sector: the number of available jobs shrunk 2 per cent over the past week, compared to a 1 March baseline. The cumulative drop since that date is now a catastrophic 67.5 per cent.

The number of jobs in the pharmaceutical industry dipped 7.3 per cent week-on-week, but the sector remains the only one to see a global surge in jobs compared to the 1 March baseline. Active jobs in pharma are up by 44.6 per cent since then.

Covid-19 has had a major, ongoing economic impact across the globe, but that impact is not uniform between different industries. While some economic sectors have seen business rapidly decline, others have been more stable. Some have even seen an increase in demand.

This chart aims to give a broad overview of which sectors are suffering the most since the World Health Organisation declared Covid-19 a pandemic. It uses exclusive dynamic intelligence provided by GlobalData to track the number of jobs open for applications, across the world, in 19 economic sectors. The summary chart shows the six that have seen the biggest percentage drop in these “active” jobs.

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Economic sector impact chart