Market Signals – Global Job Market Trends – May 2023 summarized!

We have been recording and comparing unemployment levels vs. the number of job ads published on LinkedIn since March 2020 – to fully understand how major events (pandemic, crisis, war) actually impact the job market.

So far we have:

  • gathered 13632 data points
  • received over 500 insights from Executives & HR Directors
  • published 96 monthly reports, 638 daily updates & 13 special reports
  • tracked 80 countries around the world for 36 months!

In this presentation, you’ll find a summary of how the job markets of the 80 countries did in May 2023:

Some highlights for May 2023 in terms of published number of job ads on LinkedIn:

  • Europe (38 countries): -7.92%
  • only 15 out of 38 countries saw an increase
  • 24 saw decreases from -1.15% – -23.87%
  • 1M+ less job ads across the TOP20 economies worldwide in comparison to 2022
  • 1.5M+ less job ads across the Americas in comparison to 2022 (22 countries)

For daily updates, follow Market Signals on LinkedIn.

The presentation also includes:
– advice for employers
– tips for experienced candidates

Other recommended resources

  • Join our closed group on LinkedIn called “Hidden Job Market for Experienced Managers in Europe”, to access hand-picked job ad gems!
  • Follow our Career Angels page on LinkedIn for up-to-date career advice around job search and career management.
  • Subscribe to our YouTube Channel for tips, tools and strategies for your successful career & job search in the form of expert videos, recordings of webinars or entire courses!