Over 186 million workers in the U.S. have LinkedIn profiles; over 97,000 companies in the U.S. use LinkedIn to recruit and members can add over 38,000 skills to their profiles to showcase their professional brands. That gives us unique and valuable insight into U.S. workforce trends.

This LinkedIn Workforce Report is a monthly report on employment trends in the U.S. workforce. It’s divided into two sections: a National section that provides insights into hiring and migration trends across the country, and a City section that provides insights into localized employment trends in 20 of the largest U.S. metro areas: Atlanta, Austin, Boston, Chicago, Cleveland-Akron, Dallas-Ft. Worth, Denver, Detroit, Houston, Los Angeles, Miami-Ft. Lauderdale, Minneapolis-St. Paul, Nashville, New York City, Philadelphia, Phoenix, San Francisco Bay Area, Seattle, St. Louis, and Washington, D.C.

Key Insights

• Hiring up from February, but growth is beginning to slow: Nationally, across all industries, hiring in the U.S. was 3% higher in March 2022 compared to the month prior. National hiring was 1.7% higher in March 2022 compared to March 2021. While the rate of hiring is beginning to slow, it’s still an incredibly strong job market for seekers.
• Tech and Transportation Industries See Continued Growth: The industries with the most notable hiring shifts month-to-month in March 2022 were Wholesale (4.4% higher); Professional Services (3.7% higher); and Financial Services (3.2% higher). The industries with the strongest hiring rates relative to pre-COVID February 2020 levels were Technology, Information & Media (20.6% higher), Transportation, Logistics & Storage (16.4% higher) and Professional Services (10.8% higher).
• Miami continues hiring surge, while SF still lags: Fifteen of the 20 metro areas we follow closely had hiring above pre-COVID levels, up from 14 last month. The metro areas experiencing the strongest hiring rates relative to pre-COVID levels were Miami-Ft. Lauderdale (19.8% higher), Houston (14.9% higher), and Austin (12.8% higher), while San Francisco (9.9% lower), Cleveland (3.5% lower), and Washington D.C. (3.2% lower) are still experiencing weaker hiring rates relative to pre-COVID levels.

Hiring

The LinkedIn hiring rate is a measure of hires divided by LinkedIn membership. Nationally, across all industries, hiring in the U.S. was 3% higher in March 2022 compared to last month February 2022. National hiring was 1.7% higher in March 2022 compared to last year March 2021.

The industries with the most notable hiring shifts month-to-month in March 2022 were Wholesale (4.4% higher); Professional Services (3.7% higher); and Financial Services (3.2% higher).

Migration

The U.S. cities losing the most people are College Station-Bryan, TX; State College-DuBois, PA; and Tuscaloosa, AL. For every 10,000 LinkedIn members in College Station-Bryan, TX, 214 left in the past 12 months.

The U.S. cities gaining the most people are Austin, TX; North Port-Sarasota, FL; and Nashville, TN. For every 10,000 LinkedIn members in Austin, TX, 132 arrived in the last 12 months.

Source: LinkedIn Economic Graph