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. We’ve continued reaching out to CEOs, HR Directors, investors, board members and candidates that we know personally, to take the temperature. Below you’ll find their shortened quotes in no particular order. Retail: Due to the nature of our business, we cannot work remotely. We’ve introduced strict safety measures. Everybody is required to wear a mask. There are separate entrances and exits, we’re constantly monitoring the situation on the site. We’re required to react immediately if someone doesn’t adhere to the rules. Banking: The restrictions affected our business massively. A lot of firms stopped operating or simply disappeared. We’ve also observed a big number of lay-offs. Construction: Our clients aren’t realizing all the orders, deliveries of materials are limited, and the prices have gone up. Even though the official statistics aren’t too optimistic, all the restrictions and limiting are often a strategic decision, and not a direct consequence of the market situation – it is more profitable to do it this way. Finance: We are doing terribly – this is the first time we’ve been affected this much. 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
Full Report - Week 40
Winners of the week
Losers of the week
Southern Europe
Lithuania
Baltics
Austria

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: October 3, 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. Index18: This week, 7 countries published more job ads on LinkedIn than in
Week 13: Estonia, Lithuania, Slovenia, Latvia, Ukraine, Germany, and France.
Index36: 44% of the countries published more job ads in Week 40 than in
Week 15. Since last week, 72% of the countries saw an increase in the number of
published job ads.
Overview of the indices
The European Union: In
Week 40, the European
Union noted a +25.08%
increase (975,890 more job
ads) compared to the initial
Week 17. Since last week,
+11.65% more job ads
were published.

5. Number of published job ads on LinkedIn
Weeks 13 to 40
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. Selected quotes from CEOs & HR Directors
Retail: Due to the nature of our business, we cannot work remotely.
We’ve introduced strict safety measures. Everybody is required to
wear a mask. There are separate entrances and exits, we’re
constantly monitoring the situation on the site. We’re required to
react immediately if someone doesn’t adhere to the rules.
Banking: The restrictions affected our business massively. A lot of firms
stopped operating or simply disappeared. We’ve also observed a
big number of lay-offs.

7. Number of published job ads on LinkedIn
Week 15 vs 40- extended to 36 countries

8. Number of published job ads on LinkedIn
Week 15 vs 40 - extended to 36 countries - part 2

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

10. Selected quotes from CEOs & HR Directors
Construction: Our clients aren’t realizing all the orders, deliveries of
materials are limited, and the prices have gone up. Even though
the official statistics aren’t too optimistic, all the restrictions and
limiting are often a strategic decision, and not a direct
consequence of the market situation – it is more profitable to do it
this way.
Finance: We are doing terribly – this is the first time we’ve been
affected this much.

11. Northern Europe
Southern Europe

12. This week, one of the best results was
noted in Lithuania. The country
experienced a +71.81% increase in the
number of published job ads on LinkedIn,
compared to the initial Week 15.
W E E K 1 5 V S 4 0
L I T H U A N I A

13. Iberia
Southeastern Europe

14. After noting the worst results for many weeks,
Southern Europe became a winning region of
Week 40. Since last week, 57,712 new job ads
were published, which is a +21.84% increase.
W E E K 1 5 V S 4 0
S O U T H E R N E U R O P E :
G R E E C E , I T A L Y , P O R T U G A L , S P A I N

15. Western Europe

16. In Week 40, all the regions had positive
results. Baltics noted the lowest increase:
only 8 new job ads were published on
LinkedIn since last week (+0.35%).
W E E K 3 9 V S 4 0
B A L T I C S :
E S T O N I A , L A T V I A , L I T H U A N I A

17. DACH
BENELUX

18. In Week 40, one of the worst results was
noted in Austria. 22,248 job ads disappeared
from LinkedIn, which is a -27.95% decrease
compared to the initial Week 15.
W E E K 1 5 V S 4 0
A U S T R I A

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