Job Listings at S&P 500 Companies up 1.8% in January 2022 According to S&P 500 LinkUp Jobs Index

Tuesday, March 8th, 2022

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 1.8% through January 24, 2022. 

Utilities, Financials and Energy companies have added the most open job listings so far in 2022, with a 12.47%, 10.13% and 9.13% increase respectively. In terms of market performance, Energy was also the only sector in the S&P 500 to generate positive returns in the period at 13.45%. Information Technology was the only sector to decrease the number of open positions with a 0.56% decline and was also the second worst performing equity sector in the S&P 500 in this period with a -11.04% decline in total return.

Historical Figures (thru January 24, 2022)

Sector YTD 1 Year 2021 2020 YTD Total Stock Return (1/24)
           
S&P 500 LinkUp Jobs Index 1.80% 54.01% 56.47% 9.72% (S&P 500) -7.41%
Communications Services 2.83% 116.26% 142.16% -7.75% -8.51%
Consumer Discretionary 0.71% 26.87% 28.19% 4.01% -11.09%
Consumer Staples 0.51% 20.92% 24.38% 20.55% -1.78%
Energy 9.13% 175.18% 169.04% -35.78% 13.46%
Financials 10.03% 135.37% 126.08% -9.65% -1.93%
Health Care 1.39% 47.87% 50.32% 16.83% -8.42%
Industrials 2.99% 100.76% 100.00% 9.30% -3.85%
Information Technology -0.56% 99.75% 113.66% 31.08% -11.04%
Materials 1.45% 65.13% 81.28% 47.10% -7.27%
Real Estate 4.55% 113.75% 108.38% -16.85% -9.31%
Utilities 12.47% 124.60% 110.21% -4.21% -4.74%

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.