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Market signals Report Week 35

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Market signals Report Week 35

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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.

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.

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Market signals Report Week 35

  1. 1. Market Signals by Career Angels Full Report - Week 35 Winners of the week Visegrad Group Andorra Losers of the week Baltics Bulgaria
  2. 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: September 04, 2021
  3. 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. 4. Index18: This week, 6 countries published more job ads on LinkedIn than in Week 13 of 2020: Latvia, Lithuania, Estonia, Bulgaria, Romania, Croatia. The European Union: In Week 35, the European Union noted a -5.80% decrease: 152,026 fewer job ads were published than in the initial Week 17. Overview of the indices
  5. 5. Number of published job ads on LinkedIn Week 13 (2020) to Week 35 (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. 6. Number of published job ads on LinkedIn Week 15 (2020) vs Week 35 (2021) - extended to 36 countries
  7. 7. Number of published job ads on LinkedIn Week 15 (2020) vs Week 35 (2021) - extended to 36 countries (part 2)
  8. 8. Visegrad Group Baltics Number of published job ads on LinkedIn by region
  9. 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/
  10. 10. Northern Europe Southern Europe
  11. 11. Winners & losers (Wk34 vs. Wk35) Visegrad (-4.09% / -7,310) Andorra (-19.15% / -38) Worst result / country: Best result / country: Baltics (+15.85% / +988) Bulgaria (+13.88% / +807) Best result / region: Worst result / region:
  12. 12. Iberia Southeastern Europe
  13. 13. Western Europe
  14. 14. DACH BENELUX
  15. 15. Collected quotes from Executives Banking: the company comes back to life after CV-19; Management encourages people to organize integration meetings after work to come back to reality; since August, people are slowly returning to offices.
  16. 16. The European Union - part 1
  17. 17. The European Union - part 2
  18. 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. 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. 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
  21. 21. 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/

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