How did the job market change in May 2023? Selected aspects: Europe (38 countries): -7.92% What do the other market signals tell us? Here a preview of what’s we’ve analyzed so far: - 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! Check out our post summarizing the changes across 80 countries worldwide for May 2023! It also includes tips for employers and employees – covering e.g. CV for ATS: https://blog.careerangels.eu/market-signals-global-job-market-trends-may-2023-summarized/ #Markets #Jobs #Europe #CareerAngels

1. Global
job
market
May 2023
Candidate or
employer's market?

2. gathered 13 632 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!
Given the nature of our business (career consulting), Career Angels
wants and needs to understand how macroeconomic changes
actually influence the job market. We, therefore, record, process
and analyze e.g. unemployment levels or the number of published
job ads on LinkedIn. So far, we have:
Market Signals
Status: June 2023
© by Career Angels

3. Slideshare
www.slideshare.net/CareerAngels/

4. Market Signals
www.linkedin.com/showcase/market-signals/

5. From the employer's perspective: bigger demand for
candidates = salaries and/or benefit packages go up.
The "post and pray" approach might not work. On the
other hand, more candidates, more choice, more
negotiation flexibility.
From the candidate's perspective: bigger demand
= "less effort" put into job search (less time, more space
to negotiate salary).
Why do we do that? Who can find our data useful?
Supply & demand
- candidates

6. Global reach
Europe in detail
Global perspective
Germany, UK, US
DACH
Belgium, Poland & Italy
Structure
+ lots of tips!

7. August
Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for May 2023.

8. August
Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for May 2023.
Africa Overview
Initial:
63,232 job ads
Week 18
(May 3)
Final:
64,425 job ads
Week 22
(May 28)
Result:
+1.89%

9. Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for May 2023.
Americas Overview
Initial:
6,998,212 job ads
Week 18
(May 3)
Final:
6,347,607 job ads
Week 22
(May 28)
Result:
-9.30%

10. Global reach
The changes in the number of job ads on LinkedIn that we track
across Europe, Africa and the Americas for May 2023.
Europe Overview
Initial:
3,383,918 job ads
Week 18
(Ma
y 3)
Final:
3,115,868 job ads
Week 22
(May 28)
Result:
-7.92%

11. May brought a decrease of -7.92% in the number of job ads.
Europe
Monthly Overview
Initial:
3,383,918 job ads
Week 18
(May 3)
Final:
3,115,868 job ads
Week 22
(May 28)
Result:
-15.42%

12. Europe - 38 countries
April Winners

13. Europe - 38 countries
April Losers

14. Europe - 38 countries
April Losers

15. Actively looking for a job?
Join the Hidden Job Market on LinkedIn to
find the best job ad gems for executives!
A group for experienced managers in Europe:
www.LinkedIn.com/Groups/7454252

16. remote edition
for executives
hidden
job
market

17. Global perspective
TOP 20:
Australia
Brazil
Canada
China
France
Germany
India
Indonesia
Italy
Japan
Mexico
Netherlands
Russia
Saudi Arabia
South Korea
Spain
Switzerland
Turkey
UK
US
Americas (22):
Argentina
Bolivia
Brazil
Canada
Chile
Colombia
Costa Rica
Cuba
Dominican Republic
Ecuador
El Salvador
Guatemala
Haiti
Honduras
Mexico
Nicaragua
Panama
Paraguay
Peru
United States
Uruguay
Venezuela
Africa (10):
Algeria
Angola
Egypt
Ethiopia
Ghana
Kenya
Morocco
Nigeria
South Africa
Tanzania
Europe (38):
Albania
Andorra
Austria
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Moldova
Montenegro
Netherlands
North Macedonia
Norway
Poland
Portugal
Romania
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Ukraine
Annual differences

18. May
Germany, UK, US
The differences in the number of job ads on LinkedIn that we track
across Germany, UK & US for May 2023.
US Summary:
Initial: 5,855,700
Final: 5,216,787
Result: -10.91%
UK Summary:
Initial: 657,447
Final: 588,216
Result: -10.53%
Germany Summary:
Initial: 975,734
Final: 885,793
Result: -9.22%

19. August
Germany, UK, US
The differences in the number of job ads on LinkedIn that we track
across Germany, UK & US for April 2023 & May 2023.
April May
US Summary:
Initial: 5,844,479
Final: 5,216,787
Result: -10.74%
UK Summary:
Initial: 690,379
Final: 677,041
Result: -13.12%
Germany Summary:
Initial: 1,033,835
Final: 985,094
Result: -10.08%

20. post & pray
active sourcing using Social Media, incl. LinkedIn
hiring a recruitment agency
(active) employer branding, incl. definition of candidate persona
Always take into consideration the supply of (unemployment rates)
and demand for candidates (available job ads), to decide which
option will work the best to attract talent:
So what does that mean?
Employer perspective

21. set a precise career / job search goal
position yourself well as a candidate
have two CVs: one for humans, one for ATS
prepare your LinkedIn profile: for humans, for the algorithm
generate interest through all four channels on the job market
Taking into consideration the supply of and demand for candidates
(in other words: how many candidates compete for the same role):
So what does that mean?
Candidate perspective

22. 1) Download our CV ATS Guide:
https://blog.careerangels.eu/ats-guide-2023/
...or watch this video:
www.linkedin.com/feed/update/urn:li:activity:6970412269838950400
2) Request a CV ATS Report:
Send an email to Bichl.Sandra@CareerAngels.eu
Attach your CV
Subject: "ATS Compliance Report".
Tip: Your CV should score at least 80% to increase your
chances of landing an interview!
CV for humans vs. ATS

23. If you are an experienced manager or executive,
request a confidential Career Consultation - free of
charge & no strings attached - via this link:
www.CareerAngels.eu/b2c/Request-a-Free-Career-Consultation
or send an email to:
Bichl.Sandra@CareerAngels.eu
Subject: Career Consultation
Want to talk?

24. DACH
The number of job ads on LinkedIn that we track across
DACH for May 2023.
Germany Summary:
Initial: 975,734
Final: 885,793
Result: -9.22%
Austria Summary:
Initial: 46,796
Final: 47,442
Result: +1.38%
Switzerland Summary:
Initial: 77,821
Final: 79,596
Result: +2.28%
April

25. DACH
The number of job ads on LinkedIn that we track across
DACH for April 2023 and May 2023.
Germany Summary:
Initial: 985,094
Final: 885,793
Result: -10.08%
Austria Summary:
Initial: 45,560
Final: 47,442
Result: +4.13%
Switzerland Summary:
Initial: 73,947
Final: 79,596
Result: +7.64%
April May

26. Selected countries
Number of job ads on LinkedIn tracked across
Belgium, Italy & Poland for May 2023.
May
Belgium Summary:
Initial: 80,429
Final: 76,732
Result: -4.82%
Italy Summary:
Initial: 120,926
Final: 136,360
Result: +12.76%
Poland Summary:
Initial: 96,288
Final: 87,501
Result: -9.13%

28. Udemy course
www.Udemy.com/Course/Every-Step-of-the-Job-
Search-Explained-Backed-by-Research/

29. YouTube Channel
www.YouTube.com/c/CareerAngels

30. If you think our know-how and tips are of value, you
can thank us by following our content or buying us
a virtual coffee!
How to thank us
www.CareerAngels.eu/how-to-thank-us/

31. Thank you for reading!