
Depending on the country, the government reactions to CV-19 (e.g. from no to partial to full lock-down) started at different moments during the first quarter of 2020. Consequently, the job markets (and its players) responded in their own manner and timing.
Given the nature of our work at Career Angels, we are very close to the job market and its decision makers; and everybody we spoke to (almost 500 board members across Europe) had a different opinion and reaction early on, as well as during the 20 weeks that followed. But opinions are just that – personal impressions and interpretations.
We, therefore, felt the need to find a KPI that better reflected how the various job markets reacted. The moment we realized that CV-19 was not a temporary phenomenon, but a temporarily permanent one, we chose to track the number of published job ads on LinkedIn which is an actual indicator of demand on the visible job market. And even though it’s not a perfect KPI, as e.g. some companies decided to move their job ads to cheaper local platforms, it still gives a quite good feel of how confident companies feel about the further market development.
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