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Market Signals – Special Report (Africa)

We’ve been keeping an eye on the number of job ads on LinkedIn in 18 European countries since Week 13 of 2020 – extended to 36, and ultimately 38 countries since Week 15 and 17 respectively. We analyze the collected figures and observe if and what kind of trends there are, to leverage them into better career management & more effective job search methods.

In Week 39, we extended our observations even further, to gain an insight into the global job market. This is the first report on our new findings, and this time we’re taking you to Africa. In this report we analyze Weeks 37 to 48 of 2020.

Our special reports are released “live” to our subscribers and then published for the public with a delay of 4-6 weeks. If you would like to become a subscriber and regularly receive our special reports, email us at Bichl.Sandra@CareerAngels.eu. Subject: Special Reports.

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Market Signals – Special Report (Africa)

  1. 1. Market Signals by Career Angels Africa 10 Special Report – COVID-19 impact on the job market of the 10 biggest economies in Africa
  2. 2. The art of interpreting signals (precursors of trends) is – and always has been – important in navigating financial markets and economies. To manage career and/or job search processes wisely, it’s crucial to look at the signals of the job market, which are inseparably embedded in the VUCA landscape of today's world. We’ve been keeping an eye on the number of job ads on LinkedIn in 18 European countries since Week 13 of 2020 – extended to 36, and ultimately 38 countries since Week 15 and 17 respectively – this allows us to measure a KPI that gives quite a good feel of the overall trend on the job market. We analyze the collected figures and observe if and what kind of trends there are, to leverage them into better career management & more effective job search methods. In Week 39, we extended our observations even further, to gain an insight into the global job market. This is the first report on our new findings, and this time we’re taking you to Africa, to take a look at what’s happening on the job market of the oldest continent. May this report serve you well! Your Career Angels Team Market Signals Status: November 2020 © by Career Angels
  3. 3. Top 15 economies in Africa Note: This report will be looking into the top 10 economies in Africa. Source: World Bank
  4. 4. In comparison to the European job market, Africa has experienced less drastic changes. Until Week 40, the number of job ads published on LinkedIn was noting a very gentle upwards trend. In Week 43, both markets observed a more noticeable downward spike, which continued in Europe, while Africa’s numbers were rising. Week 47 noted a drastic decrease in both regions. Africa
  5. 5. The first few weeks of our observations were mostly stable. In Week 44, however, Algeria noted a significant spike in the number of published job ads (169%). The number remained at a similar level for two weeks, but fell again in Week 48 by -34%. Algeria
  6. 6. Angola’s number of published job ads was alternating between increasing and decreasing every few weeks. The biggest spikes happened between Week 41 and 42 (21.5%), and then between Week 44 and 46 (46%). After another decrease in Week 47, Angola is noting an upwards trend again. Angola
  7. 7. Despite two small decreases noted in Weeks 40 and 42, Egypt has been experiencing a noticeable and stable upwards trend in the number of published job ads. Between Week 39 and Week 48, the number increased by 46%. Egypt
  8. 8. Angola, Ghana & Nigeria
  9. 9. We’re not sure if there was a glitch on LinkedIn, but the number of published job ads in Ethiopia grew by an impressive 315% in Week 42. It stayed high for another week, but then in Week 44 it fell back to its regular level. Since then, the numbers have been rising again, although not as drastically. Ethiopia
  10. 10. Ghana’s numbers have been very stable, remaining almost unchanged up until Week 43. Then, in Week 44, the country observed a steep decrease of -28.6%. A week afterwards, however, the numbers rose by 62.2% and have remained at a similarly high level since. Ghana
  11. 11. Kenya experienced a similar phenomenon to Ethiopia, with the number increasing by 165% in Week 42, remaining at that level for a week, and then falling back down in Week 44. In Week 48, the country experienced an even bigger spike of 321%! Kenya
  12. 12. Algeria, Ethiopia & Kenya
  13. 13. Morocco’s number of published job ads hasn’t been very stable, alternating between increases and decreases every week or two. Over the ten weeks we’ve observed, though, the number has grown by 19.7%. Morocco
  14. 14. Nigeria experienced a very sharp decrease (-38.9%) in Week 40. A week after that, however, the number grew back up and has remained at a similar level since, with a more noticeable increase of 16% in Week 48. Nigeria
  15. 15. South Africa’s number of published job ads was more or less stable between Weeks 39 and 42. It experienced a more noticeable spike in Week 43. Then, between Week 44 and 47, the number grew by 16%, only to fall by -12.7% in Week 48. South Africa
  16. 16. Egypt, Morocco, South Africa & Tanzania
  17. 17. Tanzania’s number of published job ads was rising rather steadily up until Week 45, when the difference from the initial number reached 41.4%. For the next two weeks, the country was observing a decrease, but Week 48 brought another increase in the numbers. Tanzania
  18. 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. 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
  19. 19. More tips & free resources (hyperlinked) LinkedIn Company Page Follow for daily tips & up to date advice. Market Signals Regular updates on the European job market – daily posts and weekly reports on Saturdays. Hidden Job Market A group on LinkedIn with weekly job ad gems for experienced managers and executives. YouTube Channel Subscribe and watch recorded lectures & webinars.

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We’ve been keeping an eye on the number of job ads on LinkedIn in 18 European countries since Week 13 of 2020 – extended to 36, and ultimately 38 countries since Week 15 and 17 respectively. We analyze the collected figures and observe if and what kind of trends there are, to leverage them into better career management & more effective job search methods. In Week 39, we extended our observations even further, to gain an insight into the global job market. This is the first report on our new findings, and this time we’re taking you to Africa. In this report we analyze Weeks 37 to 48 of 2020. Our special reports are released “live” to our subscribers and then published for the public with a delay of 4-6 weeks. If you would like to become a subscriber and regularly receive our special reports, email us at Bichl.Sandra@CareerAngels.eu. Subject: Special Reports.

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