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What happened in the PM Job market in 2025

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Hello there Reader,

December marks the end of the first full year of tracking the global PM job market.

What started as a simple monthly snapshot in May 2024 has grown into the most comprehensive public dataset on PM hiring trends worldwide.

With a full year of data behind us, across regions, work environments, and levels, I can now share year-over-year comparisons with confidence.

And as we head into 2026, the trend analysis will only get richer—giving you an even clearer picture of where the market is heading.

Below you’ll find a 2025 Year in Review highlighting the biggest annual trends, followed by the usual monthly breakdown.

If you find this helpful, forward it along—or subscribe here if this was forwarded to you.

2025 Year in Review

Here are the defining trends that shaped the PM job market in 2025.

Leveling: Leadership won the year

Product Leadership was the only level to show consistent growth

Leadership roles are up 31% year-over-year globally—the strongest performance of any seniority level. Even during months when the overall market contracted, companies continued investing in senior product talent.

Mid-level PM remains the most competitive segment

PM-level listings are up 18% YoY but essentially flat compared to six months ago. This level accounts for the majority of all PM jobs and sees the most competition per opening.

Senior PM saw steady but moderate growth

Senior PM roles are up 11% YoY—healthy growth, but trailing both Leadership (+31%) and mid-level PM (+18%). This level showed more volatility month-to-month, with regional performance varying widely: EEA posted gains while other markets pulled back.

Associate/Junior PM hiring follows a seasonal cycle

Entry-level roles spiked mid-year (up 32% over six months) before contracting to end Q4. If you're targeting APM roles, Q3-Q4 remains the best window as grad programs ramp up hiring.

Work environment: Flexible work is winning

Remote staged a comeback

After the "return to office" narrative dominated 2024, remote listings surged 32% year-over-year globally. The EEA led the charge with remote up 201% YoY, while the Middle East saw an extraordinary 234% increase.

Hybrid became the fastest-growing model of 2025

Hybrid roles grew 24% over six months and 22% YoY—emerging as the preferred compromise for employers balancing collaboration with flexibility. APAC hybrid is up 37% YoY.

On-site growth stalled

On-site positions grew just 3% YoY—the slowest of all work arrangements—and are down 1.2% over six months. The on-site share of total listings continues to erode.

Regional: Clear winners and losers

The UK had the best year of any major market

With 41% year-over-year growth, the UK outpaced every other region. It was one of the few markets to show consistent month-over-month growth throughout 2025.

Canada quietly became a standout

Up 39% YoY with December’s 13% surge being the strongest single-month gain of any major market. Canada proved to be one of the healthiest and most resilient PM markets.

LATAM struggled significantly

The only major region in year-over-year decline at -37%, with remote listings down 65% YoY. Structural headwinds made 2025 a challenging year for PMs in the region.

APAC was the slowest to recover

Essentially flat YoY (-0.3%) and still 21% below its May 2024 peak. APAC’s recovery lagged behind every other major market.

The Middle East led in remote adoption

Despite a volatile year, remote listings are up 234% YoY—making the Middle East the global leader in remote PM opportunity growth.

December 2025: The big takeaways

With 23,536 open listings, the global PM job market closes out 2025 with a seasonal pullback of 3.2% from November. But despite the month-over-month decline, the market remains 19% higher year-over-year—a strong signal that PM hiring has recovered significantly from 2024 lows.

  • Canada surged 13%, the strongest regional performer, now up 39% year-over-year.
  • The UK continued its growth streak, up 3.2% and now 41% higher than December 2024.
  • EEA rebounded 2.8%, recovering from November’s decline with impressive 30% YoY growth.
  • The US stayed nearly flat at -0.4%, holding its dominant 43% share of global listings.
  • LATAM contracted sharply by 22%, its steepest monthly drop of the year.
  • Leadership roles grew 2.8%, bucking the overall trend and now up 31% year-over-year.
  • Remote work continued its comeback, up 4.1% month-over-month and 32% year-over-year.

For job seekers, the theme this month is seasonal slowdown with strong underlying momentum—the year-over-year numbers tell the real story of a market that has recovered substantially.

Regional breakdown

United States: Holding steady

The US market maintained its position with 10,138 PM jobs, essentially flat at -0.4% from November. After a strong November showing (+7.5%), this stabilisation is expected heading into the holiday season. Year-over-year growth remains solid at 18%.

Associate PM roles actually surged 13%, while PM (-0.8%) and Leadership (-0.9%) saw slight pullbacks. Senior PM held completely flat. Remote roles grew 3.9%, suggesting continued flexibility in US hiring.

APAC: Modest growth amid mixed signals

APAC edged up 1.2% to 4,133 PM jobs, bouncing back from November’s -1.1% decline. The region remains essentially flat year-over-year (-0.3%), making it the slowest-recovering major market.

Leadership roles jumped 4.1% (now up 31% YoY), while Associate PM dropped 9.4%. Remote grew 4.6%, though hybrid remains the big story at +37% year-over-year.

EEA: Strong rebound

The EEA recovered nicely with 4,778 PM jobs, up 2.8% after November’s 2% contraction. The region boasts impressive 30% year-over-year growth, among the highest globally.

PM-level roles led with 5% growth. Remote opportunities surged 13% this month, continuing EEA’s reputation for flexibility—remote listings are up 201% year-over-year.

United Kingdom: Sustained momentum

The UK climbed to 1,534 PM jobs, up 3.2% and continuing its consistent growth trajectory. The market is now up 20% over six months and an outstanding 41% year-over-year.

Associate PM roles surged 23% and are now doubled from six months ago. PM-level positions grew 5.4%. Remote opportunities jumped 12%, now 90% higher than last year.

Canada: The standout performer

Canada exploded with a 13% increase to 887 PM jobs, the strongest monthly gain of any major market. The region is up 15% over six months and 39% year-over-year.

Growth was broad-based: PM roles surged 16%, Associate PM jumped 33%, and Leadership soared 29%. Remote opportunities increased 20%, and on-site grew 12%—suggesting hiring appetite across all work models.

LATAM: Continued challenges

LATAM dropped 22% to 747 PM jobs, its steepest decline of the year. The region is now 37% below December 2024, reflecting ongoing structural challenges.

PM-level roles fell 25%, and remote plunged 36%. The one bright spot: Leadership surged 64%, suggesting companies are consolidating around senior talent while pulling back on volume hiring.

Middle East: Slight pullback

The Middle East dipped 0.9% to 880 PM jobs after a challenging November (-6.1%). Despite recent declines, the region remains up 36% year-over-year.

Associate PM fell 4.2%, but Senior PM held flat. Remote work surged 12% month-over-month and is up 234% year-over-year—by far the most dramatic remote shift of any region.

Seniority trends

Associate PMs: Monthly decline, strong six-month trend

Associate PM roles dropped 5% globally this month, with particular weakness in EEA (-20%) and APAC (-9.4%). However, the six-month picture is much brighter at +32% growth, suggesting the annual entry-level hiring cycle is playing out as expected.

Mid-level PMs: Steady contraction

PM roles fell 3% month-over-month but remain up 18% year-over-year. The US saw modest decline (-0.8%), while EEA (+5%) and UK (+5.4%) showed strength. LATAM’s 25% drop was the sharpest.

Senior PMs: Slight pullback after strong run

Senior PM positions dipped 3.9% globally, though they’re still up 11% year-over-year. EEA held essentially flat (-0.3%), while UK pulled back 4.2% and US was unchanged. Canada bucked the trend with 4% growth.

Product Leaders: The only level growing

Leadership roles stood out with 2.8% growth, now up 31% year-over-year globally. This continues a pattern we’ve tracked throughout 2025—companies are investing in senior product talent even when pulling back elsewhere. LATAM’s 64% surge and Canada’s 29% jump are notable outliers.

Work environment trends

On-site: Seasonal contraction

On-site roles fell 3% month-over-month but remain the dominant model globally. Year-over-year growth is modest at 3%, the slowest of any work arrangement. EEA (-3.7%) and US (-3.3%) led the decline.

Hybrid: Steady expansion

Hybrid arrangements grew 1.8% this month and are up 24% over six months—the strongest growth trajectory of 2025. EEA (+6.5%) and APAC showed particular strength. Companies continue to find the hybrid balance appealing.

Remote: Continued recovery

Remote roles increased 4.1% month-over-month and are now up 32% year-over-year globally. EEA (+13%), UK (+12%), and Middle East (+12%) all posted double-digit monthly gains. The remote rebound that began in late summer is solidifying.


That’s it for this month’s report—and the final edition of 2025.

I have more in store for 2026.

Thank you for all the support and feedback.

Wishing you success,
James

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James Gunaca

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