The document summarizes market signals from LinkedIn job postings in European countries from Weeks 13-15 of 2020 to Week 5 of 2021. It found that job postings increased in Estonia, Latvia, Lithuania, Denmark, Ukraine and Belgium compared to Week 13, 2020 levels. Overall, the EU saw a 1.24% increase in job postings from the previous week. The report also provides quotes from CEOs and HR directors discussing the impact of COVID-19 on their industries and advice for job seekers.

1. Market Signals
by Career Angels
Full Report - Week 5
Winners of the week
Iberia
Spain
Losers of the week
Benelux
Belgium

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: February 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, 6 countries published more job ads on LinkedIn than in
Week 13 of 2020: Estonia, Latvia, Lithuania, Denmark, Ukraine and Belgium.
The European Union: In Week 4, the EU noted a -28.59% decrease: 1,349,801 fewer
job ads were published than in the initial Week 15 of 2020. Since last week, it's a
+1.24% increase.
Overview of the indices

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

7. Number of published job ads on LinkedIn
Week 15 (2020) vs Week 5 (2021) - extended to 36 countries (part 2)

8. Collected quotes from CEOs and HR Directors
IT: COVID-19 definitely didn’t help, but didn’t influence us directly
either. The only thing: it sped up our transformations. Looking at
the rest of the group Europe though, there were mass lay-offs.
Tourism: It was a rally hard year. There were days when everything was going
downhill and we were sure we wouldn’t survive. And although it’s no longer
the case, we are in debt and supported by the government in 25%. So our 2020
challenges included: fighting to survive, motivating the team, keeping the
clients and ensuring cashflow.

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

10. Northern Europe
Southern Europe

11. Winners & losers (Wk15 vs. now)
Western Europe
(-35.56% / -1,340,787)
Italy
(-42.80% / -72,825)
Northern Europe
(+45.58% / +44,577)
Lithuania
(+122.22% / +1,177)
Best result / region:
Best result / country: Worst result / country:
Worst result / region:

12. Collected quotes from CEOs and HR Directors
Investment fund: 2020 was intense. After a brief storm in the spring, we
had to act quickly to adapt to the new reality. Our workload increased,
especially during the first wave of the pandemic. We had to work out
new strategies and secure our sources of funding. The good side: the
digitalization process stepped up and that was very beneficial.
Building materials: Because of the fact that we didn’t have detailed
data from 2019, it was hard to do a proper estimate of 2020. Fortunately,
the restructurization allowed us to avoid lay-offs. We know that there
were many in the industry.

13. Iberia
Southeastern Europe

14. Western Europe

15. Winners & losers (Wk4 vs. Wk5
Benelux
(-9.01% / -46,813)
Belgium
(-4.81% / -7,408)
Iberia
(+21.56% / +48,535)
Spain
(+38.16% / +47,523)
Best result / region:
Best result / country: Worst result / country:
Worst result / region:

16. DACH
BENELUX

17. The European Union

18. The European Union - part 2

19. 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

20. 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.

21. 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