How did the job market change in August 2023? Selected aspects: Europe (38 countries): +2.39% = 16 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 14 826 data points
- received over 500 insights from Executives & HR Directors
- published 98 monthly reports, 696 daily updates & 13 special reports
- tracked 80 countries around the world for 39 months!
Check out our post summarizing the changes across 80 countries worldwide for August 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-august-2023-summarized/
#Markets #Jobs #Europe #CareerAngels
5. 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).
Why do we do that? Who can find our data useful?
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 August 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 August 2023.
Africa Overview
Initial:
66,576 job ads
Week 32
(August 7)
Final:
61,736 job ads
Week 35
(August 28)
Result:
-7.27%
9. Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for August 2023.
Americas Overview
Initial:
6,668,698 job ads
Week 32
(August 7)
Final:
6,421,952 job ads
Week 35
(August 28)
Result:
-3.70%
10. Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for August 2023.
Europe Overview
Initial:
3,221,109 job ads
Week 32
(August 7)
Final:
3,297,965 job ads
Week 35
(August 28)
Result:
+2.39%
11. August brought an increase of +2.39% in the number of job ads.
Europe
Monthly Overview
Initial:
3,221,109 job ads
Week 32
(August 7)
Final:
3,297,965 job ads
Week 35
(August 28)
Result:
+2.39%
15. 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
17. 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
18. August
Germany, UK, US
The differences in the number of job ads on LinkedIn that we track
across Germany, UK & US for August 2023.
US Summary:
Initial: 5,528,216
Final: 5,193,620
Result: -6.05%
UK Summary:
Initial: 613,185
Final: 592,810
Result: -3.32%
Germany Summary:
Initial: 1,060,040
Final: 970,361
Result: -8.46%
19. August
Germany, UK, US
The differences in the number of job ads on LinkedIn that we track
across Germany, UK & US for July 2023 & August 2023.
July August
US Summary:
Initial: 5,108,571
Final: 5,193,620
Result: +1.66%
UK Summary:
Initial: 575,499
Final: 592,810
Result: +3.01%
Germany Summary:
Initial: 935,889
Final: 970,361
Result: +3.68%
20. post & pray
active sourcing using Social Media, incl. LinkedIn
hiring a recruitment agency
(active) employer branding, incl. definition of candidate persona
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:
So what does that mean?
Employer perspective
21. 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
Taking into consideration the supply of and demand for candidates
(in other words: how many candidates compete for the same role):
So what does that mean?
Candidate perspective
22. 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
23. 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?
24. DACH
The number of job ads on LinkedIn that we track across
DACH for August 2023.
Germany Summary:
Initial: 1,060,040
Final: 970,361
Result: -8.46%
Austria Summary:
Initial: 48,250
Final: 48,382
Result: +0.27%
Switzerland Summary:
Initial: 78,076
Final: 84,785
Result: +8.59%
August
25. DACH
The number of job ads on LinkedIn that we track across
DACH for July 2023 & August 2023.
Germany Summary:
Initial: 935,889
Final: 970,361
Result: +3.68%
Austria Summary:
Initial: 46,740
Final: 48,382
Result: +3.51%
Switzerland Summary:
Initial: 80,397
Final: 84,785
Result: +5.46%
July August
26. Selected countries
Number of job ads on LinkedIn tracked across
Belgium, Italy & Poland for August 2023.
August
Belgium Summary:
Initial: 92,157
Final: 91,000
Result: -1.26%
Italy Summary:
Initial: 122,210
Final: 115,567
Result: -5.44%
Poland Summary:
Initial: 92,671
Final: 88,933
Result: -4.03%
30. 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/