The weekly report analyzes job market signals in 38 European countries based on LinkedIn job posting data. The report found that the Visegrad Group, specifically Czechia, saw the best performance over the past week, while Western Europe and Montenegro saw the worst and best individual country performances respectively. The report also provides analysis of job market trends by region and predictions for the rest of 2021 from a HR director.

1. Market Signals
by Career Angels
Full Report - Week 40
Winners of the week
Visegrad Group
Czechia
Losers of the week
Western Europe
Montenegro

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 9, 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. Specific business units within companies that have done well are starting to grow and
hire again, while the expense/hiring restrictions continue in business units which failed
to perform.
Most traditional roles are having excess capacity, hence the salary levels are
expected to drop given the number of desperate candidates in the market who are
out of job for more than 6 months.
A great resignation wave is being spoken about, though no real impact on hiring is
expected to come from this as individuals are concerned about the impact of new
waves of COVID-19 and potential life uncertainties coming from it.
Global HR Director / IT industry
Useful predictions for the rest of 2021
from one of our contacts

5. Index18: This week, 8 countries published more job ads on LinkedIn than in
Week 13 of 2020: Latvia, Estonia, Lithuania, Bulgaria, Romania, Croatia, Slovenia,
Denmark.
The European Union: In Week 40, the European Union noted a -28.39% decrease:
1,104,641 fewer job ads were published than in the initial Week 17.
Overview of the indices

6. Number of published job ads on LinkedIn
Week 13 (2020) to Week 40 (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.

7. Number of published job ads on LinkedIn
Week 15 (2020) vs Week 40 (2021) - extended to 36 countries

8. Number of published job ads on LinkedIn
Week 15 (2020) vs Week 40 (2021) - extended to 36 countries (part 2)

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

10. 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/

11. Northern Europe
Southern Europe

12. Visegrad Group
(-6.74% / -11,179)
Czechia
(-32.28% / -12,702)
Western Europe
(+5.84% / +124,611)
Montenegro
(+40% / +22)
Worst result / country:
Best result / country:
Winners & losers
Best result / region: Worst result / region:
(Wk39 vs. Wk40)

13. Iberia
Southeastern Europe

14. Western Europe

15. DACH
BENELUX

16. The European Union - part 1

17. The European Union - part 2

18. 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.

19. 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

20. 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/