The document provides an analysis of market signals and job market trends across Europe based on data from LinkedIn job postings. Key points include: - Northern Europe and Denmark saw the biggest gains in job postings, while BENELUX and Italy saw the largest declines. - 9 countries including Estonia, Lithuania, and Denmark published more jobs than in March 2020, while the EU overall saw a 15% decrease from Week 17 levels. - Quotes from CEOs and HR directors discuss the impact of COVID-19 on industries like tourism and manufacturing. - Analysis is broken down by region and country with rankings of best and worst performing areas.

1. Market Signals
by Career Angels
Full Report - Week 9
Winners of the week
Northern Europe
Denmark
Losers of the week
BENELUX
Italy

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: March 6, 2021

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. Index18: This week, 9 countries published more job ads on LinkedIn than in
Week 13 of 2020: Estonia, Lithuania, Latvia, Denmark, Bulgaria, Belgium,
Romania, Croatia and Hungary.
The European Union: In Week 9, the European Union noted a -15.32%
decrease: 596,134 fewer job ads were published than in the initial Week 17.
Overview of the indices

5. Number of published job ads on LinkedIn
Week 13 (2020) to Week 9 (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. Number of published job ads on LinkedIn
Week 15 (2020) vs Week 9 (2021) - extended to 36 countries

7. Number of published job ads on LinkedIn
Week 15 (2020) vs Week 9 (2021) - extended to 36 countries (part 2)

8. Collected quotes from CEOs and HR Directors
Tourism: The lockdowns and travel restrictions froze the business and meant
we had to reimburse a lot of our regular customers, which is not something
many of our competitors did.
Manufacturing: A smaller number of clients caused our profits to drop. I’m a
COO, and a lot of my responsibilities were handed over to the CEO.
VC Fund: Due to CV-19, a portfolio company didn’t reach expected profits,
and we had to withdraw from selling it. This meant that my scope of
responsibilities wasn’t as justified as expected.
Tourism: We had to lay off many employees. In March of 2020, the number was
higher than 200.

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

10. Northern Europe
Southern Europe

11. Winners & losers
Worst result / country:
Best result / country:
Best result / region: Worst result / region:
(Wk8 vs. Wk9)
Baltics
(+4.60% / +194)
Slovakia
(+8.18% / +539)
BENELUX
(-13.60% / -70,035)
Iceland
(-26.40% / -33)

12. Iberia
Southeastern Europe

13. Western Europe

14. Winners & losers
Worst result / country:
Best result / country:
Best result / region: Worst result / region:
(Wk15 vs. now)
Northern Europe
(+59.39% / +58,085)
Denmark
(+73.45% / +8,856)
BENELUX
(-38.14% / -274,365)
Italy
(-27.38% / -46,587)

15. DACH
BENELUX

16. The European Union

17. The European Union - part 2

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. 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. 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