How did the job market change in November 2023? Selected aspects: Europe (38 countries): -10.86% = 19 European countries saw an increase. What do the other market signals tell us? Here’s a preview of what we have analyzed so far: - gathered 16 002 data points - received over 500 insights from Executives & HR Directors - published 101 monthly reports, 758 daily updates & 13 special reports - tracked 80 countries around the world for 42 months! Check out our post summarizing the changes across 80 countries worldwide for November 2023! It also includes tips for employers and employees – covering e.g. CV for ATS: https://blog.careerangels.eu/market-signals-global-job-market-trends-november-2023-summarized/ #Markets #Jobs #Europe #CareerAngels

1. Global
job
market
November 2023
Candidate or
employer's market?

2. Given the nature of our business (career consulting), Career Angels
wants and needs to understand how macroeconomic changes
actually influence the job market. We, therefore, record, process
and analyze e.g. unemployment levels or the number of published
job ads on LinkedIn. So far we have:
gathered 16 002 data points
received over 500 insights from Executives & HR Directors
published 101 monthly reports, 758 daily updates & 13 special
reports
tracked 80 countries around the world for 42 months!
Market Signals
Status: December 2023
© by Career Angels

3. Slideshare
www.slideshare.net/CareerAngels/

4. Market Signals
www.linkedin.com/showcase/market-signals/

5. Why do we do that? Who can find our data useful?
From the employer's perspective: bigger demand for
candidates = salaries and/or benefit packages go up.
The "post and pray" approach might not work. On the
other hand, more candidates, more choice, more
negotiation flexibility.
From the candidate's perspective: bigger demand
= "less effort" put into job search (less time, more space
to negotiate salary).
Supply & demand
- candidates

6. Global reach
Europe in detail
Global perspective
Germany, UK, US
DACH
Belgium, Poland, Italy
Structure
+ lots of tips!

7. August
Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for November 2023.

8. August
Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for November 2023.
Africa Overview
Initial:
68,932 job ads
Week 44
(October 30)
Final:
55,728 job ads
Week 48
(November )er 27)
Result:
-19.16%

9. Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for November 2023.
Americas Overview
Initial:
6,426,718 job ads
Week 44
(October 30)
Final:
6,612,508 job ads
Week 48
(November 27)
Result:
+2.32%

10. Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for November 2023.
Europe Overview
Initial:
3,478,517 job ads
Week 44
(October 30)
Final:
3,100,739 job ads
Week 48
(November 27)
Result:
-10.86%

11. October brought a decrease of -10.86% in the number of job ads.
Europe
Monthly Overview
Initial:
3,478,517 job ads
Week 44
(October 30)
Final:
3,100,739 job ads
Week 48
(November 27)
Result:
-10.86%

12. Europe - 38 countries
October Winners

13. Europe - 38 countries
October Losers

14. Actively looking for a job?
Join the Hidden Job Market on LinkedIn
to find the best job ad gems for executives!
A group for experienced managers in Europe:
www.LinkedIn.com/Groups/7454252

15. remote edition
for executives
hidden
job
market

16. Global perspective
TOP 20:
Australia
Brazil
Canada
China
France
Germany
India
Indonesia
Italy
Japan
Mexico
Netherlands
Russia
Saudi Arabia
South Korea
Spain
Switzerland
Turkey
UK
US
Americas (22):
Argentina
Bolivia
Brazil
Canada
Chile
Colombia
Costa Rica
Cuba
Dominican Republic
Ecuador
El Salvador
Guatemala
Haiti
Honduras
Mexico
Nicaragua
Panama
Paraguay
Peru
United States
Uruguay
Venezuela
Africa (10):
Algeria
Angola
Egypt
Ethiopia
Ghana
Kenya
Morocco
Nigeria
South Africa
Tanzania
Europe (38):
Albania
Andorra
Austria
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Moldova
Montenegro
Netherlands
North Macedonia
Norway
Poland
Portugal
Romania
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Ukraine
Annual differences

17. November
Germany, UK, US
The differences in the number of job ads on LinkedIn that we track
across Germany, UK & US for November 2023.
US Summary:
Initial: 5,118,420
Final: 5,186,257
Result: +1.33%
UK Summary:
Initial: 630,632
Final: 568,473
Result: -9.86%
Germany Summary:
Initial: 925,314
Final: 876,548
Result: -5.27%

18. August
Germany, UK, US
The differences in the number of job ads on LinkedIn that we track
across Germany, UK & US for October 2023 & November 2023.
October November
US Summary:
Initial: 4,771,041
Final: 5,186,257
Result: +8.70%
UK Summary:
Initial: 604,434
Final: 568,473
Result: -5.95%
Germany Summary:
Initial: 884,705
Final: 876,548
Result: -0.92%

19. Always take into consideration the supply of (unemployment rates)
and demand for candidates (available job ads), to decide which
option will work the best to attract talent:
post & pray
active sourcing using Social Media, incl. LinkedIn
hiring a recruitment agency
(active) employer branding, incl. definition of candidate persona
So what does that mean?
Employer perspective

20. Taking into consideration the supply of and demand for candidates
(in other words: how many candidates compete for the same role):
set a precise career / job search goal
position yourself well as a candidate
have two CVs: one for humans, one for ATS
prepare your LinkedIn profile: for humans, for the algorithm
generate interest through all four channels on the job market
So what does that mean?
Candidate perspective

21. 1) Download our CV ATS Guide:
https://blog.careerangels.eu/ats-guide-2023/
...or watch this video:
www.linkedin.com/feed/update/urn:li:activity:6970412269838950400
2) Request a CV ATS Report:
Send an email to Bichl.Sandra@CareerAngels.eu
Attach your CV
Subject: "ATS Compliance Report"
Tip: Your CV should score at least 80%
to increase your chances of landing an interview!
CV for humans vs. ATS

22. If you are an experienced manager or executive,
request a confidential Career Consultation - free of
charge & no strings attached - via this link:
www.CareerAngels.eu/b2c/Request-a-Free-Career-Consultation
or send an email to:
Bichl.Sandra@CareerAngels.eu
Subject: Career Consultation
Want to talk?

23. DACH
The number of job ads on LinkedIn that we track across
DACH for November 2023.
Germany Summary:
Initial: 925,314
Final: 1,041,912
Result: -5.27%
Austria Summary:
Initial: 47,138
Final: 46,446
Result: -1.33%
Switzerland Summary:
Initial: 84,268
Final: 86,750
Result: -0.32%
November

24. DACH
The number of job ads on LinkedIn that we track across
DACH for October 2023 & November 2023.
Germany Summary:
Initial: 884,705
Final: 876,548
Result: -0.92%
Austria Summary:
Initial: 47,459
Final: 46,513
Result: -1.99%
Switzerland Summary:
Initial: 81,042
Final: 83,997
Result: +3.65%
October November

25. Selected countries
Number of job ads on LinkedIn tracked across
Belgium, Italy & Poland for November 2023.
November
Belgium Summary:
Initial: 82,745
Final: 84,603
Result: +2.25%
Italy Summary:
Initial: 130,779
Final: 136,459
Result: +4.34%
Poland Summary:
Initial: 81,866
Final: 88,037
Result: +7.54%

27. Udemy course
www.Udemy.com/Course/Every-Step-of-the-Job-
Search-Explained-Backed-by-Research/

28. YouTube Channel
www.Youtube.com/c/CareerAngels

29. If you think our know-how and tips are of value,
you can thank us by following our content or buying us
a virtual coffee!
How to thank us
www.CareerAngels.eu/how-to-thank-us/

30. Thank you for reading!