Brain gain or drain? How shifts in international job search are
1 jun 2022 Annina Hering is an Economist at the Indeed Hiring Lab in. Germany. Previously she was a postdoctoral researcher at the. Max Planck Institute ...
Targeting Todays Job Seeker
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30 sept 2019 Acquired Indeed (founded in 2004) which ran a job search engine in the US. This marked our full entry into the. HR Technology business
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Figure 2 .11 Trends in composition of paid employment in the Republic of Wage gaps along the wage distribution selected Latin American countries .
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There jobs. and new have The technology best-known been periodic were early In 1900 41 percent of the US workforce was employed in agriculture; by.
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acquiring US and European staffing companies and HR tech companies Indeed and Glassdoor. In Japan we also focus on supplying dedicated business and.
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list with the highest average salary for our tech titles In fact Austin has the greatest adjusted salary for seven different titles However rising costs in the Texas capital driven by strong population growth mean the burgeoning tech hub may not retain this position in coming years Of the other well-known tech hubs only
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effects on jobs has become a sensitive political issue in many advanced economies And from Mumbai to Manchester public debate rages about the future of work and whether there will be enough jobs to gainfully employ everyone The development of automation enabled by technologies including robotics and artificial intelligence brings the
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High-tech industries are an essential part of the U S economy providing about 12 percent of all jobs but producing almost 23 percent of output Although they were hit harder by the 2000–01 recession they were largely insulated from the effects of the 2007?09 recession While overall high-tech employment has remained relatively stable as a
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Where do you live to find a tech job?
- At one point, if you wanted to find a tech job you essentially had to live in a major metropolitan area like New York City or the San Francisco Bay Area. And while living close to a tech hub may provide direct access to tech employers, more companies are shifting to a distributed (remote) workforce.
Where are the pay differences in tech jobs?
- For instance, when it comes to pay differences in tech, two of the top 10 metro areas are located in Washington state, while three are in California. The graphic below shows the metros with the highest difference between the area’s average salary and the average salary of tech jobs.
What percentage of high-tech jobs are based on manufacturing?
- While overall high-tech employment has remained relatively stable as a share of total employment, the high-tech sector has seen dramatic shifts from manufacturing to services, which now account for 52.6 percent of all high-tech employment, and is projected to increase to 56.4 percent by 2024. (202) 691-5714.
Indeed Hiring LabBrain gain or drain?
How shifts in
international job search are accelerating global competition for talentThe Indeed Hiring Lab is an international team
of economists, researchers and data scientists dedicated to delivering insights that help drive the global labour market conversation.The Hiring Lab produces research on global
labour market topics using Indeed"s proprietary data, survey data and publicly available sources.Our research is available to media, researchers,
policymakers, jobseekers and employers to help them understand the world of work.Please contact us at
hiringlabinfo@indeed.comFor media enquiries please contact
EMEA_PR@indeed.com
Acknowledgements: We would like to thank
Felix Altmann, Sarah Carroll, Lewis Dean, AgnèsGicquel, Svenja Gudell, Fabian Hans, Laura
Hegarty, Kelly Oude Veldhuis, Rachel Robinson,
Margot Schneider and Tara Sinclair for helpful
comments and suggestions.Pawel Adrjan, Annina Hering,Alexandre Judes, Alassane-Anand Ndour
Indeed Hiring Lab
June 2022
How shifts in international job search are accelerating global competition for talentBrain gain or drain? 2022 Indeed Report
54Pawel Adrjan is Director of EMEA Economic Research at the Indeed Hiring Lab, where he develops actionable insights on the labour market to help businesses and policy makers make better decisions, and a Research Fellow in Economics at Regent"s Park
College, Oxford. Over the last two decades,
Pawel has worked in Europe and the US, holding senior positions in risk management at Goldman Sachs and Barclays in New York and London. He holds degrees from the University of Pennsylvania and the University of Warwick and a PhD in Economics from the University of Oxford.Alexandre Judes is an Economist at the Indeed Hiring Lab in France. Prior to joining Indeed, he worked at Rexecode, where he was in charge of the digital economy portfolio and worked on multiple policy issues such as French competitiveness, labour market reform and European integration. His past experience also includes investment banking, consulting and publicENSAE Paris.
Annina Hering is an Economist at the Indeed Hiring Lab in Germany. Previously she was a postdoctoral researcher at the Max Planck Institute for the Study of Societies, where she was a member of the International Max Planck Research School on the Social and Political Constitution of the Economy (IMPRS-SPCE). She holds a BA in Politics and Society from the University of Bonn, an MSc in Sociology and Empirical Research and a PhD inSocial Sciences from the University of Cologne.Alassane Ndour is a Senior Data Specialist at Dataiku where
he analyses large product datasets to deliver insights and recommendations to customers. He was previously a Senior Research Associate at the Indeed Hiring Lab where he assisted economists with the collection and analysis of big data. Alassane holds a BA from Concordia University, an MSc in economics fromWarwick University and an MSc in Data
Science from City, University of London.
Pawel AdrjanAlexandre Judes
Annina HeringAlassane-Anand Ndour
How shifts in international job search are accelerating global competition for talentBrain gain or drain? 2022 Indeed Report
76Introduction
The pandemic has had a tremendous impact on the movement of people and goods across borders. Yet, unlike international trade, which is still crippled by supply chain disruptions, the movement of people across borders is showing surprising resilience judging by the rapid rebound in cross-border job search on Indeed"s platform in 2022. Against all odds, the activity of internationally mobile jobseekers is on the verge of returning to pre-crisis levels. Businesses should understand this development as they setting economic policy.Jobseeker mobility could even reach new
heights on the back of powerful long-term forces, such as digitisation and the ageing of the workforce, which change the mix of skills employers need and the availability of workers.Coupled with geopolitical shocks such as
Brexit, war in Ukraine and political turmoil in
Hong Kong these transformations are game
changers for the European labour market.Some countries are already taking advantage of
increased international job search and mobility for talent ever more intensively in a global marketplace in which traditional boundaries have fallen away.Our report which leverages timely and unique data from hundreds of millions of job searches and postings on Indeed shows that the remote work revolution and widespread labour shortages brought about by the pandemic are likely to fuel cross- border mobility across all segments of the workforce. Well-prepared employers can position themselves to take advantage of this transformation. This report provides an inventory of innovative practices that can guide recruiters and help employers navigate through the opportunities and challenges of post- pandemic European labour markets.How shifts in international job search are accelerating global competition for talentBrain gain or drain? 2022 Indeed Report
988Contents
Introduction
About this report
1. Cross-border mobility is bouncing back from the pandemic
Migration is set to grow as limits on international travel ease and job search picks up Europeans are searching for jobs outside their home countries again Europe is also increasingly a destination for jobseekers from outside the continent professional services fuel cross-border mobility2. Remote work, labour shortages and geopolitics are catalysts for the
future of cross-border mobilityForeign jobseekers are keen on remote jobs
Geopolitical events are having an impact on job search and migration3. Wealthy and open economies stand to gain
Introducing the net interest score metric: Brain drain or brain gain? What drives the changes in country attractiveness?What has changed with the pandemic?
4. Employers are getting ready for a rebound in international migration
European employers are keen to hire foreign workers in 2022Hiring foreign workers can be challenging
Businesses are taking concrete steps to attract foreign candidates5. Conclusion: What do the shifting international job search patterns
mean for recruitment?Takeaways for employers
Additional country data (Austria, Belgium, France, Germany, Ireland, Italy, the Netherlands, Poland, Spain, Sweden, Switzerland, UK)Methodology06
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Brain gain or drain? 2022 Indeed Report
1110How shifts in international job search are accelerating global competition for talentBrain gain or drain? 2022 Indeed Report
10About this report
Migration is a permanent feature of European society.For example,
over 8% of the nearly 450 million residents of the European Union were born outside its borders. In the UK, the foreign-born population is estimated to be as high as 14% , rising to 37% in London. Migration is a controversial subject all over the world but the ability of labour to move across borders is vital for the smooth functioning of the labour market.To answer these questions, we use unique,
timely data on job search and job postings fromIndeed"s global platform, complemented with
on migration. One advantage of Indeed"s job search data is its worldwide reach, enabling us to obtain not only local or country-level data, but also to illuminate broad pan-European and global labour market trends. Another advantage is that online job search is highly correlated with migration . The scale, timeliness and relevance of the data help shed light on possible drivers of work-related international after the pandemic. Indeed"s platform provides the largest dataset of its kind, including anonymised information on over 800 million cross-border job searches carried out between January 2019 and April2022, and over 100 million job postings. In
addition, this report uses data from surveys of employers and workers that Indeed Hiring Lab commissioned in eight countries in March 2022.Our focus is on 32 countries in Europe,
consisting of the European Economic Area,Switzerland and the UK. References to Europe
and European jobseekers throughout the report are based on this group of countries, which together cover a large portion of the European continent. The Covid-19 pandemic temporarily changed the migration picture by halting international travel and plunging the world into an economic for many people to move to another country for work, while job opportunities became scarce. But the pandemic is now ebbing, raising important and timely questions: What do current cross-border job search patterns suggest for the future of international migration in Europe? How are post-pandemic labour shortages, the rise of remote jobs and geopolitical instability transforming job search by making it feasible for What can employers do to tap into the burgeoning pool of global talent?How shifts in international job search are accelerating global competition for talentBrain gain or drain? 2022 Indeed Report
1312Labour shortages: For occupations with jobs that are such as nursing, medicine, engineering, construction and tech foreign jobseekers are also more common. They are often the only option available when domestic workers are in short supply or lack the skills needed for these jobs.
See page 32.
Geopolitics:
Job search patterns consistently capture reactions to geopolitical events , such as political turmoil in Hong Kong or the war in Ukraine. Use of the new Ukrainian language version of Indeed"s site in Poland which has received more Ukrainian refugees than any other country increased rapidly from zero to around 1.5% of all job searches inPoland by late March.
See page 36.
Rebound in cross-border job search
Cross-border job search has
rebounded from its pandemic low. This suggests substantial potential for to the most attractive European labour markets as the pandemic recedes. Europeans: European jobseekers are increasingly looking for work outside their home countries, both within and outside Europe. Cross-border searches by European jobseekers are still10% under
their2017-19 average, but they are up substantially from the pandemic low
of 32% below that level.See page 22.
Non-Europeans: Jobseekers based outside Europe are increasingly looking in. Inbound searches from outside Europe are 38%above the
2017-19 average, up from the pandemic low of 31% below.
See page 24.
What drives cross-border mobility?
The rebound in cross-border job search is driven by a host of factors. Some, such as skills and pay, were already strong drivers before the pandemic. Others, such as the rise of remote work, labour shortages and geopolitics are stronger than before. Higher pay: Postings in highly paid occupations such as twice as many those jobs can tap into a global labour pool, which calls for a talent acquisition and employer branding strategy.See page 26.
Remote work: In France, Germany and the UK the three largest European economies and magnets for economic migration foreign jobseekers are around two to three times more likely than domestic jobseekers to search and apply for remote jobs . This suggests jobs that can be performed remotely have the potential to attract a global pool of workers.See page 30.
MAIN FINDINGS
How shifts in international job search are accelerating global competition for talentBrain gain or drain? 2022 Indeed Report
1514Labour market strength: Countries where the labour market is recovering faster from the pandemic as measured by job postings on Indeed including Denmark, Luxembourg and the UK have improved their net interest scores in part because domestic jobseekers have become less likely to search for jobs abroad. Countries such as Belgium, the Czech Republic and Spain, where labour markets are recovering more slowly, are among those where the net interest score has fallen most. Countries with the lowest net interest scores like Romania, Greece, Finland and Hungary appear most likely to be sources of economic migration on the continent in the coming months.
See page 47.
Most attractive countries
for international jobseekersLuxembourg
Switzerland
United Kingdom
Germany
Ireland
Netherlands
France
Belgium
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