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Market Signals Report Week 33

Market Signals - where do they come from? We started by monitoring the number of LinkedIn job ads in 18 European countries in Week 13 of 2020 (mid-March) – and extended our observations to ultimately 38 countries in Europe since Week 15. This allows us to measure a KPI that gives quite a good feel of the overall trend on the global job market. Career Angels analyze the collected figures and complement the quantitative data with detailed and personal statements & insights of CEOs, HR Directors, investors, board members, candidates and headhunters that we know personally. We observe if and what kind of trends there are to leverage them into better candidate management & more effective job search methods. These are not usual times, so we decided to share our market 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.

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Market Signals
by Career Angels
Full Report - Week 33
Winners of the week
Southern Europe
Malta
Losers of the week
Baltics
Finland
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: August 21, 2021
We started by monitoring the number of LinkedIn job ads in 18 European
countries in Week 13 of 2020 (mid-March) – and extended our observations to
ultimately 38 countries in Europe since Week 15. This allows us to measure a KPI
that gives quite a good feel of the overall trend on the global job market.
We analyze the collected figures and complement the quantitative data with
detailed and personal statements & insights of CEOs, HR Directors, investors,
board members, candidates and headhunters that we know personally. We
observe if and what kind of trends there are to leverage them into better
candidate management & more effective job search methods.
Source of signals
Index18: This week, 5 countries published more job ads on LinkedIn than in
Week 13 of 2020: Latvia, Lithuania, Estonia, Bulgaria, Romania.
The European Union: In Week 33, the European Union noted a -32.62% decrease:
1,269,283 fewer job ads were published than in the initial Week 17.
Overview of the indices
Number of published job ads on LinkedIn
Week 13 (2020) to Week 33 (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.
Number of published job ads on LinkedIn
Week 15 (2020) vs Week 33 (2021) - extended to 36 countries

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Market Signals Report Week 33

  • 1. Market Signals by Career Angels Full Report - Week 33 Winners of the week Southern Europe Malta Losers of the week Baltics Finland
  • 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: August 21, 2021
  • 3. We started by monitoring the number of LinkedIn job ads in 18 European countries in Week 13 of 2020 (mid-March) – and extended our observations to ultimately 38 countries in Europe since Week 15. This allows us to measure a KPI that gives quite a good feel of the overall trend on the global job market. We analyze the collected figures and complement the quantitative data with detailed and personal statements & insights of CEOs, HR Directors, investors, board members, candidates and headhunters that we know personally. We observe if and what kind of trends there are to leverage them into better candidate management & more effective job search methods. Source of signals
  • 4. Index18: This week, 5 countries published more job ads on LinkedIn than in Week 13 of 2020: Latvia, Lithuania, Estonia, Bulgaria, Romania. The European Union: In Week 33, the European Union noted a -32.62% decrease: 1,269,283 fewer job ads were published than in the initial Week 17. Overview of the indices
  • 5. Number of published job ads on LinkedIn Week 13 (2020) to Week 33 (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 33 (2021) - extended to 36 countries
  • 7. Number of published job ads on LinkedIn Week 15 (2020) vs Week 33 (2021) - extended to 36 countries (part 2)
  • 8. Visegrad Group Baltics Number of published job ads on LinkedIn by region
  • 9. 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/
  • 11. Winners & losers (Wk32 vs. Wk33 Southern Europe (-14.13% / -41,927) Malta (-50.03% / -1,774) Worst result / country: Best result / country: Baltics (+12.83% / +808) Finland (+13.88% / +807) Best result / region: Worst result / region:
  • 15. The European Union - part 1
  • 16. The European Union - part 2
  • 17. 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
  • 18. 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.
  • 19. 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
  • 20. 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/