The job market is constantly changing, and entry-level jobs are no exception. With the onset of the COVID-19 pandemic in 2020, many industries have seen a shift in hiring trends for entry-level positions. To better understand these changes, let's take a look at some statistics on entry-level jobs from recent studies and surveys.
Entry Level Jobs Statistics Overview
In 2020, the average starting salary for entry-level jobs in the US is $54,065.
This statistic is a crucial indicator of the current job market for entry-level positions in the US. It provides insight into the average salary that can be expected for those just starting out in their careers, and can be used to compare the earning potential of different entry-level jobs. This information can be invaluable for those looking to make an informed decision about their career path.
Marketing and communications entry-level jobs have a 37% underemployment rate.
This statistic is a stark reminder of the reality that many entry-level marketing and communications jobs are not providing the level of employment that they should. It highlights the need for employers to ensure that they are providing meaningful and sustainable employment opportunities to those entering the field. It also serves as a warning to those considering entering the field that they should be aware of the potential for underemployment.
Only 36% of entry-level job postings are available online.
This statistic is a telling indication of the difficulty of finding entry-level jobs. With only 36% of entry-level job postings available online, it is clear that the majority of these positions are not easily accessible to job seekers. This means that those seeking entry-level jobs must be prepared to search beyond the internet to find the right opportunity.
Entry-level finance jobs had a 19% growth rate from 2016 to 2019.
This statistic is a testament to the increasing demand for entry-level finance jobs over the past few years. It shows that the job market for finance is growing, and that there are more opportunities available for those looking to enter the field. This is great news for those looking to start their career in finance, as it means that there are more options available to them. Additionally, this statistic can be used to demonstrate the potential for growth in the finance industry, which can be a great incentive for those considering a career in finance.
22% of entry-level job candidates have a longer job search than 3 months.
This statistic is a telling indication of the difficulty of finding an entry-level job. It suggests that a significant portion of job seekers are having to endure a longer-than-expected job search, which can be a source of frustration and anxiety. This statistic is important to consider when discussing entry-level job statistics, as it provides insight into the current job market and the challenges that job seekers may face.
In 2021, 45% of remote job postings are entry-level positions.
This statistic is a telling indication of the current job market, highlighting the abundance of entry-level positions available for those seeking remote work. It is a valuable piece of information for anyone looking to break into the remote job market, as it demonstrates the potential for success in this field. Furthermore, this statistic is a useful tool for employers, as it provides insight into the types of positions that are in demand and the potential for growth in the remote job market.
In 2020, 79% of entry-level jobs in the US required at least a Bachelor's degree.
This statistic is a telling indication of the current job market in the US, highlighting the fact that a Bachelor's degree is increasingly becoming a necessity for entry-level positions. It is a valuable insight for anyone looking to enter the job market, as it provides a clear understanding of the level of education required to compete for these positions.
Entry-level jobs in the hospitality industry experienced an 84% decline in 2020 due to the COVID-19 pandemic.
This statistic is a stark reminder of the devastating impact the COVID-19 pandemic has had on the hospitality industry. It highlights the need for more support and resources for those who have been affected by the pandemic, as well as the importance of understanding the current job market and the challenges that entry-level job seekers may face.
In 2020, 61% of entry-level jobs were being offered in large metropolitan cities.
This statistic is a telling indication of the current job market, highlighting the fact that the majority of entry-level jobs are concentrated in large metropolitan cities. This is an important factor to consider when looking for an entry-level job, as it can be difficult to find one in a smaller city or rural area. Additionally, this statistic can be used to inform job seekers of the potential challenges they may face when searching for an entry-level job in a large metropolitan city.
Entry-level jobs accounted for 36% of all job postings in February 2021.
This statistic is a telling indication of the current job market, highlighting the prevalence of entry-level positions in February 2021. It is a valuable piece of information for anyone looking to enter the job market, as it provides insight into the types of positions that are available and the potential for success in securing a job. This statistic is also important for employers, as it can help them to identify areas of potential growth and target their recruitment efforts accordingly.
The hiring of entry-level workers dropped by 45% during the COVID-19 pandemic between March and May 2020.
This statistic is a stark reminder of the impact the COVID-19 pandemic has had on the job market, particularly for entry-level workers. It highlights the need for more support and resources for those who have been affected by the pandemic, as well as the importance of understanding the current job market and the challenges that entry-level workers face. This statistic is a key piece of information for anyone looking to gain insight into the current state of entry-level jobs and the difficulties that come with them.
Conclusion
The statistics presented in this blog post demonstrate the current state of entry-level jobs. Despite a 45% drop in hiring during the COVID-19 pandemic, there has been an overall increase in applications and job postings for entry-level positions since 2019. Many employers prefer candidates with internship experience or at least 1 to 2 years of work experience, while others are looking for recent college graduates who can fill these roles.
The average starting salary is $54,065 and varies depending on industry; marketing and communications have a higher underemployment rate than other fields such as finance or engineering which offer more competitive salaries. Entry-level tech jobs saw an 18% growth from 2019 to 2020 despite the pandemic's effects on many industries worldwide. Overall, it appears that although some sectors may be struggling due to economic downturns caused by COVID-19, there are still plenty of opportunities available for those seeking entry level employment across various industries both online and offline.
References
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