1.
Market Signals
by Career Angels
Full Report - Week 1
Winners of the week
Northern Europe
Lithuania
Losers of the week
Visegrad
Andorra

2.
The type of clouds (cirrus, stratus, cumulus, nimbus), their size, location, direction and
speed of movement can give an indication as to what the weather has in store
over the coming two days: storm, sun, snow, ice or rain. In other words, dreamy, thin,
wispy clouds bring something different than fluffy, cotton wool style clouds.
The art of interpreting signals (precursors of trends) is - and always has been -
important in navigating financial markets and economies. If you are an
experienced manager or executive who wants to manage their career and/or job
search processes wisely, look at the signals of the job market which are
inseparably embedded in the VUCA landscape of today's world.
Check in on Saturday afternoons for the newest release on LinkedIn:
http://LinkedIn.com/company/Career-Angels/
And for daily updates here:
http://www.LinkedIn.com/Showcase/Market-Signals/
Prepared by the entire team of www.CareerAngels.eu
Published: January 9, 2021

3.
Because of how we work when supporting our clients, we have a very unique
“glimpse” into how over 5000 Executive Search companies and almost 20 000
decision makers react – the majority of them being located in Europe; and we
collect and analyze how they respond; and we observe if and what kind of
trends there are to leverage our clients into better career management &
more effective job search methods.
Before there are trends, there are signals which we usually keep to ourselves.
But these are not usual times, so we decided to share those signals by the end of
each week. If the country / context is important, we’ll add them. Otherwise, we’ll
keep it general for confidentiality.
Source of signals

4.
Index18: This week, 4 countries published more job ads on LinkedIn than in Week 13 of
2020: Estonia, Lithuania, Latvia, and Ukraine.
Index36: 44% of the countries published more job ads in Week 1 of 2021 than in Week
15 of 2020. Compared to the last week of 2020, it’s a decrease of 20%.
Overview of the indices
The European Union:
In Week 1, the European
Union noted a -24.73%
decrease: 962,453 fewer job
ads were published than
in the initial Week 17 of 2020.
Since last week, it's a -1.49%
decrease.

5.
Number of published job ads on LinkedIn
Weeks 13 (2020) to 1 (2021)
Note: some job ads might
have been taken off
LinkedIn, not because
the recruitment process was
put on hold or canceled,
but because they are costly,
especially if you have
dozens of them. A
company might have
wanted to simply cut costs
and move to more cost
effective alternatives. Some
local job portals are offering
substantial discounts. These
are the initial 18 countries
that we tracked.

6.
Number of published job ads on LinkedIn
Week 15 (2020) vs Week 1 (2021) - extended to 36 countries

7.
Number of published job ads on LinkedIn
Week 15 (2020) vs Week 1 (2021) - extended to 36 countries (part 2)

8.
Selected quotes from CEOs & HR Directors
Production: At the beginning of the pandemic we were forced to lay some
employees off due to clients freezing their investments. Already in May, however,
everything started functioning again.
IT: Our industry is doing well, we’re definitely not complaining about our results.
Banking: Our company’s strategy was clear from the beginning, and at first the
employees were working readily. After the holidays, the decision to change the
strategy was made. That became an excuse for some employees to lower their
productivity.

9.
Visegrad Group
Baltics
Number of published job ads on LinkedIn by region

10.
Northern Europe
Southern Europe

11.
When it comes to regions, the winning
result of Week 1 belongs to Northern
Europe: we observed an increase of
+10.55% since Week 15 of 2020 (10,315
more job ads). Country-wise, Lithuania is
the winner with an increase of +108.47%.
W E E K 1 5 V S 1

12.
Iberia
Southeastern Europe

13.
Western Europe

14.
In Week 1, the worst result out of all the
regions was noted in Visegrad: a -4.98%
decrease compared to last week. Worst
country result: Andorra with a -33.33%
decrease.
W E E K 5 3 V S 1

15.
DACH
BENELUX

16.
The European Union

17.
The European Union - part 2

18.
Cover the basics: our ATS "enforces" as complete applications as possible. Having said that, it still
surprises me that approximately 30% of the candidates still don't get the absolute basics right!
Don't apply to everything. Constant rejection affects your motivation. Keep applying to the job
ads where you see a fit and don't give up!
Head of Talent Acquisition / International public organization
"Before CV-19, sometimes we'd have only 20 applicants for a post. Now, there's a massive increase. For
some roles it's double the amount of candidates – for HR roles, even more! A recent posting received
50 applicants within 12 hours! I can see that online interviews are more stressful for candidates
because of all the technical challenges. Consequently, their performance is different. The overall
candidate experience is also different – not worse, just different."
Tips for candidates:
Useful observations & tips for candidates from
one of our contacts

19.
If you are a senior candidate who
might need support / guidance:
You can access the following services completely confidentially and
free of charge:
- CV Report
- Career Consultation
Email Bichl.Sandra@CareerAngels.eu who will personally match you
with the most relevant Career Consultant. To save time: add your CV
and availability for a Skype call.

20.
If you want to support your
(future) former employees:
Request an offer for outplacement services by email:
- in Polish: Anna.Zadrozna@CareerAngels.eu
- in English / German: Sandra.Bichl@CareerAngels.eu
For further information visit: www.ManagerialPlacement.eu