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.
Special Reports – analyzing the number of LinkedIn job ads
As times were interesting, to say the least, and the situation fluctuated dynamically between stable and, well, sometimes even terrible, it was only reasonable to summarize our findings periodically. Our two first summaries came out after 8 & 12 weeks of our observations and included all the data and quotes from our contacts that we had collected by then. After another 8 weeks, we published our 20-week summary that was an even more thorough analysis of all the countries and regions we’ve been monitoring. Taking a closer look at our data and visualizing it helped us come to more conclusions and notice tendencies in how different job markets reacted to the pandemic. In autumn, when the second wave of COVID-19 (in most countries) came, we published a 32-week summary and two special reports: on the top 10 African economies and the Americas (North, Central & South). Wanting to share a more global perspective, we went even further and dedicated our winter to analyzing the top 20 global economies. Parallel, we decided to compare our own data with the official European unemployment rates provided by Eurostat. We identified 3 tendencies in how those two indicators behave in relation to each other. [Yes, we like data :)]
Where to find our Special Reports?
Our special reports are released “live” to our subscribers and then published for the public with a delay of 4-6 weeks. If you would like to become a subscriber and regularly receive our special reports, email us at Bichl.Sandra@CareerAngels.eu. Subject: Special Reports.
If you would like to request the following reports, get in touch as well:
- What have 50 weeks of COVID-19 done to the job market?
Analysis of 38 European countries – to be released on February 8 – only for subscribers - The number of LinkedIn job ads vs unemployment rates in 30 European countries
The # of LinkedIn job ads and the European unemployment rates in relation to each other - 20 biggest global economies (Week 39-53)
LinkedIn job ads in the 20 biggest global economies during the second wave of COVID-19 - The Americas (Week 39-50)
Changes in the # of LinkedIn job ads in North, Central & South America - 10 biggest economies in Africa (Week 39-48)
The reaction to COVID-19 on the African job market
Want more? We publish daily updates and weekly reports that you can follow here:
www.LinkedIn.com/showcase/Market-Signals
If you would like to share how your business has been influenced by COVID-19 or what measures have been take up in order to save your company, contact us! We’d be more than happy to hear from you!
