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November 2025 Workforce Report

Competition for open roles is up, but steady hiring pace and employer caution may be cooling candidate momentum.

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As overall job openings rose in September for the second month straight, hires continued to drop.

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iCIMS’ monthly Workforce Report translates complex labor trends into practical guidance. Pulled from hundreds of millions of data points, our report delivers key insights and actionable steps designed to give your team a competitive advantage.


November 2025 Workforce Report

Competition for open roles is up, but steady hiring pace and employer caution may be cooling candidate momentum.

Recent trends

Applications dropped 7% between September and October but were still up 9% year over year.

Manufacturing applicants per opening (APO) rose from 41 in October 2024 to 47 in October 2025, reflecting growing candidate interest over the last 12 months.

APO for computer and math jobs in manufacturing grew from
65 to 83,
a 27% increase since last year.

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