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Market Signals – Global Job Market Trends – February 2023 summarized!

  1. Global job market February 2023 Candidate or employer's market?
  2. gathered 12372 data points received over 500 insights from Executives & HR Directors published 93 monthly reports, 576 daily updates & 13 special reports tracked 80 countries around the world for 34 months! Given the nature of our business (career consulting), Career Angels wants and needs to understand how macroeconomic changes actually influence the job market. We, therefore, record, process and analyze e.g. unemployment levels or the number of published job ads on LinkedIn. So far we have: Market Signals Status: March 2023 © by Career Angels
  3. Slideshare www.slideshare.net/careerangels/
  4. Market Signals www.linkedin.com/showcase/market-signals/
  5. From the employer's perspective: more 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: more demand = "less effort" put into the 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 February 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 February 2023. Africa Overview Initial: 62,081 job ads Week 5 (January 30) Final: 72,523 job ads Week 9 (February 27) Result: +16.82%
  9. Global reach The changes in the number of job ads on LinkedIn that we track across Europe, Africa and the Americas for February 2023. Americas Overview Initial: 7,012,798 job ads Week 5 (January 30) Final: 6,958,491 job ads Week 9 (February 27) Result: -0.77%
  10. Global reach The changes in the number of job ads on LinkedIn that we track across Europe, Africa and the Americas for February 2023. Europe Overview Initial: 3,012,361 job ads Week 5 (January 30) Final: 3,373,320 job ads Week 9 (February 27) Result: +11.98%
  11. February brought an increase of +11.98% in the number of job ads. Europe Monthly Overview Initial: 3,012,361 job ads Week 5 (January 30) Final: 3,373,320 job ads Week 9 (February 27) Result: +11.98%
  12. Europe - 38 countries February Winners
  13. Europe - 38 countries February Losers
  14. Europe - 38 countries February Losers
  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
  16. remote edition for executives hidden job market
  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. February Germany, UK, US The differences in the number of job ads on LinkedIn that we track across Germany, UK & US for February 2023. US Summary: Initial: 6,093,142 Final: 5,860,718 Result: -3.81% UK Summary: Initial: 715,208 Final: 690,379 Result: -3.47% Germany Summary: Initial: 1,011,584 Final: 1,033,835 Result: +2.20%
  19. August Germany, UK, US The differences in the number of job ads on LinkedIn that we track across Germany, UK & US for January 2023 & February 2023. January February US Summary: Initial: 6,125,419 Final: 5,860,718 Result: -4.32% UK Summary: Initial: 562,009 Final: 690,379 Result: +22.84% Germany Summary: Initial: 1,004,595 Final: 1,033,835 Result: +2.91%
  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-2022/ ...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 Attached 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 February 2023. Germany Summary: Initial: 1,011,584 Final: 1,033,835 Result: +2.20% Austria Summary: Initial: 50,210 Final: 50,814 Result: +1.20% Switzerland Summary: Initial: 77,834 Final: 75,752 Result: -2.67% February
  25. DACH The number of job ads on LinkedIn that we track across DACH for January 2023 and February 2023. Germany Summary: Initial: 1,004,595 Final: 1,033,835 Result: +2.91% Austria Summary: Initial: 44,836 Final: 50,814 Result: +13.33% Switzerland Summary: Initial: 71,492 Final: 75,752 Result: +5.96% January February
  26. Selected countries Number of job ads on LinkedIn tracked across Belgium, Italy & Poland for February 2023. February Belgium Summary: Initial: 85,349 Final: 84,882 Result: -0.62% Italy Summary: Initial: 137,676 Final: 139,312 Result: +1.17% Poland Summary: Initial: 99,459 Final: 105,590 Result: +5.81%
  27. Udemy course www.Udemy.com/Course/Every-Step-of-the-Job- Search-Explained-Backed-by-Research/
  28. YouTube Channel www.Youtube.com/c/CareerAngels
  29. 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/
  30. Thank you for reading!
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