S&P Dow Jones Indices (S&P DJI) has released the latest data for the S&P 500 LinkUp Jobs Index. The index, which measures the change in open job listings at S&P 500 companies, shows that available positions increased year-to-date by 3.8% through February 21, 2022.
Sector Analysis
Utilities, Energy and Financials companies continue to increase job listings at the fastest rate in 2022, with 20.1%, 17.4% and 16.3% increases respectively. In terms of market performance, Energy also continues to be the only sector in the S&P 500 to generate positive returns this year at 19.9%. Consumer Staples companies have increased job listings at the lowest rate in both the short and longer term with a 0.19% YTD increase in 2022 and a 1.65% decrease in February 2022.
Historical Figures (thru February 21, 2022)
|
Sector |
MTD |
YTD |
1 Year |
2021 |
YTD Total Stock Return (2/21) |
|
S&P 500 LinkUp Jobs Index |
0.31% |
3.78% |
47.89% |
56.47% |
(S&P 500) -9.50% |
|
Communications Services |
2.74% |
6.03% |
104.70% |
142.16% |
-15.17% |
|
Consumer Discretionary |
-1.06% |
1.44% |
24.66% |
28.19% |
-14.60% |
|
Consumer Staples |
-1.65% |
0.19% |
16.01% |
24.38% |
-2.01% |
|
Energy |
3.27% |
17.35% |
161.18% |
169.04% |
19.92% |
|
Financials |
3.11% |
16.27% |
120.45% |
126.08% |
-0.02% |
|
Health Care |
-0.70% |
2.14% |
40.32% |
50.32% |
-9.70% |
|
Industrials |
3.76% |
9.37% |
97.45% |
100.00% |
-7.92% |
|
Information Technology |
0.29% |
0.60% |
74.22% |
113.66% |
-13.22% |
|
Materials |
1.70% |
4.57% |
57.43% |
81.28% |
-8.74% |
|
Real Estate |
1.27% |
8.40% |
108.82% |
108.38% |
-13.99% |
|
Utilities |
4.88% |
20.14% |
108.93% |
110.21% |
-7.54% |
The S&P 500 LinkUp Jobs Indices are published weekly and are calculated using the sum of the weekly average job count from each S&P 500 company provided by LinkUp, an employment-focused data company that tracks and aggregates daily job openings directly from more than 60,000 company websites globally.
LinkUp’s data are extensively quality checked during the actual gathering of data from individual company job sites to confirm integrity and accuracy of the number of job openings.
Historical data for the S&P 500 LinkUp Jobs Indices can be accessed and downloaded from the index webpage.