Market Signals Special Reports – Job market vs COVID-19

As the COVID-19 pandemic came and shook the market, at Career Angels we decided to observe and analyze the changes that it would bring. We have been closely observing the situation since March, when we first started to gather weekly data: the number of LinkedIn job ads, initially in 18 European countries that we extended to 38 in April. In mid-September we decided to extend our job market observations with a focus on LinkedIn even further, to countries outside Europe to gain a more global insight. We currently monitor 80 countries all over the world and can provide data from almost every continent – this allows us to measure a KPI that gives quite a good feel of the overall trend on the global job market. To have a deeper understanding of what has been happening, we contacted in total almost 300 CEOs, board members, HR Directors, investors, headhunters & Executive Search Consultants as well as candidates and asked for their insights, opinions, predictions and advice that we started publishing alongside our quantitative data in the form of weekly reports accessible by everyone.

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We are a team of 10 consultants with usually 10 – 20+ years of experience

We are a team of 10 consultants with usually 10 – 20+ years of experience..… which is a lot and good, but not enough; due to VUCA – the market is volatile, uncertain, complex, and ambiguous.

We, therefore, track data and KPIs like:
– the “minimum optimal” number of headhunters & firms to contact
– most effective job hunting channels for executives
– response rate, interview rate

How are your job search KPIs? Are you receiving the best possible job offers that exist at the moment of your job search? Are you a manager with 10+ years of experience? Contact us to find out! Confidentially. Send an email with your CV to Bichl.Sandra (at) CareerAngels.eu (Subject: Oh Really) to schedule a non-binding intro call.

Full Week 3 Market Signals report showing Winners: Northern Europe and Denmark and Losers: DACH, Netherlands

Where do market signals come from?

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 b 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 b landscape of today’s world.

Before there are trends, there are market signals, which we usually keep to ourselves. But these are not usual times, so we decided to share those market signals by the end of each week. If the country / context is important, we’ll add them. Otherwise, we’ll keep it general for confidentiality.

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In this short video, you’ll see a sneak peek of “The Goal of the CV – with examples of good CVs”. This video was recorded during one of the 16 webinars we produced earlier this year that attracted over 1000 participants from all over the world who have spontaneously sent us feedback like this one: “Thank you a lot for everything you do for me & for other experienced managers looking for new challenges. One day I’m full of excitement and hope, and the next day I see everything in black colours. But every day I wake up smarter and stronger, learning from my mistakes.” (Marketing Director)

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Full Week 2 Market Signals report showing winners: Baltics, Bosnia & Herzegovina and Losers: Western Europe, France

2020 has come to an end. It was a difficult year, but we’re full of hope that the new year will bring positive changes to the global job market. If you’re interested in reading a summary of the Market Signals we’ve collected over the year, make sure to request our most recent special report on how the number of job ads and the unemployment rates in Europe behave in relation to each other (we identified 3 tendencies!).

In 2020, we collected 2768 data points over 43 weeks. We analyzed them and turned them into weekly reports, daily updates (available on the Market Signals LinkedIn page), and 7 special reports (such as the 20 biggest economies in the world, job market in the Americas, the top 10 economies in Africa). We will continue keeping an eye on the global job market in 2021, so make sure that you’re following Career Angels on LinkedIn to never miss an update from us!

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Career Angels is a European career consulting boutique that has been providing tailor-made services since 2010: for individuals (career management & job search support), for companies (outplacement services, HR consulting services), for business schools (consultations, lectures). We are often called innovative or pioneering for how we work internally and with our clients. Does that sound like something that you’d like to be a part of? Fantastic! We are currently looking for a Career Consultant Read more →

Career Angels has been collecting & analysing over 300 insights from managers and executives

Career Angels are continuously keeping an eye on the job market. Since 04.2020, we have been collecting & analysing over 300 insights from HR Directors, CEOs and other board members, investors, as well as Executive Search Consultants.

You can read what they have to say in our weekly Market Signals reports.

After months of monitoring the number of job ads published on LinkedIn in Europe since the beginning of the COVID-19 pandemic, we decided to compare our data with the official unemployment rates provided by Eurostat. We identified 3 categories when it comes to how the number of LinkedIn job ads and the unemployment rates behave in relation to each other.

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2020 has come to an end. It was a difficult year, but we’re full of hope that the new year will bring positive changes to the global job market. If you’re interested in reading a summary of the Market Signals we’ve collected over the year, make sure to request our most recent special report on the 20 biggest economies in the world.

In 2020, we collected 2128 data points over 40 weeks. We analyzed them and turned them into weekly reports, daily updates (available on the Market Signals LinkedIn page), and 7 special reports (such as the job market in the Americas, the top 10 economies in Africa, and the CV-19 impact on unemployment in Europe – coming soon!). We will continue keeping an eye on the global job market in 2021, so make sure that you’re following Career Angels on LinkedIn to never miss an update from us!

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