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. 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 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. Collected Quotes from CEOs and HR Directors The vast majority of executives are with market leaders in their respective industries. By default, the board members are members of local boards; if not, we’ll indicate the exception. IT: We weren’t directly in danger because of the pandemic, but were expecting some difficulties nonetheless. Our salaries were cut by 20% and we noted a two month sales decrease. It wasn’t a great loss – compared to last year, sales dropped only by a few percent. Biotech: We were involved in building a start-up until March, when all activities had to be suspended. And candidate quotes: Global Executive Director / Software Market Leader / Asia: COVID-19 had affected the business in a very negative way. Face to face meetings are extremely important in Asia, but during the pandemic they could only be held through Skype, which prevented the finalization of many projects. I have seen that many recruitment processes were frozen, which made it impossible for me to move to another region. If you want to discuss your professional situation confidentially or if you are considering hiring Career Angels for support, contact Bichl.Sandra@CareerAngels.eu who will personally match you with the most appropriate consultant. For efficiency, add your CV and availability for a Skype call. If you want to contribute, email your signals to Sandra (everything will be kept confidential).

1. Market Signals
by Career Angels
Winners of the week
Losers of the week
Full Report - Week 30
Norway
Estonia
Northern Europe
Moldova
Sweden
Western Europe

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 Saturdays afternoon 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: July 25, 2020

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. Overview of the indices
Index18: This week, 6 countries published more job ads on LinkedIn than in Week 13:
Ukraine, Estonia, Poland, Denmark, Lithuania & Slovenia.
Index36: 58% of the countries published more job ads in Week 30 than in Week 15, which is a
-10% decrease compared to last week. However, since last week, 80% of the countries
saw an increase in the number of published job ads!
The European Union: For the
forth week in a row, the EU
has experienced a positive
difference between Week
17 & 30 (+6.01%). The numbers
are starting to rise again
after 2 weeks of downfall.

5. Number of published job ads on LinkedIn
Weeks 13 to 30
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
Weeks 15 vs 30 - extended to 36 countries

7. Number of published job ads on LinkedIn
Weeks 15 vs 30 - extended to 36 countries - part 2

8. Selected quotes from CEOs & HR Directors
IT: We weren’t directly in danger because of the pandemic, but were expecting
some difficulties nonetheless. Our salaries were cut by 20% and we noted a two
month sales decrease. It wasn’t a great loss – compared to last year, sales dropped
only by a few percent.
Biotech: We were involved in building a start-up until March, when all activities had
to be suspended.
Software Market Leader / Asia: COVID-19 had affected the business in a very
negative way. Face to face meetings are extremely important in Asia, but during the
pandemic they could only be held through Skype, which prevented the finalization
of many projects.

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

10. Northern Europe
Southern Europe

11. The country with the biggest % increase since
last week was Norway (+132.88%)!
One of the highest results of
Week 15 & 30 comparison was noted in
Estonia, a significant +65.38% increase in the
number of published job ads.
E S T O N I A ( W K 1 5 / 3 0 )
N O R W A Y ( W K 2 9 / 3 0 )

12. Iberia
Southeastern Europe

13. The country that noted the biggest
negative change between
Week 15 & 30 was Sweden (-33.30%). The
biggest negative weekly difference
was noted in Moldova (-16.39%).
S W E D E N ( W K 1 5 / 3 0 )
M O L D O V A ( W K 2 9 / 3 0 )

14. Western Europe

15. Between Week 15 & 30, Southern Europe
noted the biggest decrease in the number
of published job ads on LinkedIn out of all
the regions (-18.39%). The worst result since last
week, although above zero, was noted in
Western Europe (+3.14%).
W E S T E R N E U R O P E :
A U S T R I A , B E L G I U M , F R A N C E , G E R M A N Y , N E T H E R L A N D S ,
L U X E M B O U R G , S W I T Z E R L A N D

16. DACH
BENELUX

17. Selected quotes from CEOs & HR Directors
Investment Management: Surprisingly, it was quite easy to shift to remote work, even
though we couldn’t do it before, due to compliance issues.
Automotive: We were heavily affected by the restrictions – everything was frozen for
2 months. Even though we were able to continue the production, we couldn’t deliver
the products as Italy is our main customer. Fortunately, we didn’t have to lay anyone
off – we went through a restructuring process just before the pandemic.
Management Consulting: I usually have several projects, on-going and in the pipeline.
All clients & consulting firms that I cooperate with have put their projects on hold until
September at least. I've been proactively trying to obtain other assignments – so far,
without success.

18. All regions experienced a positive
difference between Week 29 & 30.
The best result was noted in Northern
Europe (+11.35%). The winners of
Week 15 & 30 comparison are again, as
last week, Baltics & Visegrad.
N O R T H E R N E U R O P E :
D E N M A R K , F I N L A N D , I C E L A N D N O R W A Y , S W E D E N

19. The European Union

20. The European Union - part 2

21. 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

22. 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.

23. 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