With the beginning of the COVID-19 pandemic, Career Angels started to record and compare unemployment levels vs. the number of job ads published on LinkedIn. The job market has been changing for the past 24 months and it’s easy to see that the first months of 2022 were much different than 2020.
This report shows:
- the number of job ads on LinkedIn in Southern Europe in February
- the changes in unemployment levels in Europe
- the number of candidates per job ad (for managers & executives) in Europe
For daily insights from the European job market and more special reports visit LinkedIn.com/Showcase/Market-Signals/ ← click Follow!
2. gathered 7112 data points
received over 400 insights from Executives & HR Directors
published 84 weekly reports, 413 daily updates & 11 special reports
tracked 80 countries around the world for 24 months!
With the beginning of the COVID-19 pandemic, Career Angels started to
record and compare unemployment levels vs. the number of job ads
published on LinkedIn. So far we have:
Market Signals
www.linkedin.com/showcase/market-signals/
3. From the employer perspective: more 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 perspective: more demand =
"less effort" put into the job search (less time, more
space to negotiate salary).
Why do we do that? Who can find our data useful?
Supply & demand
- candidates
4. Southern Europe
Overview
Initial:
289,513 job ads
Week 1
(January 3)
Final:
252,039 job ads
Week 10
(March 7)
Result:
-13.13%
The first months of 2022 were dynamic. After raising and falling and then rising and
falling again, the first week of March starts with the result of -13.13% since the
beginning of 2022.
January 10
February 21
5. Southern Europe
The beginning of January 2022 started with a higher number of job ads than 2021.
Despite that, in February 2022 the number is lower than the year before.
February
January
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11. 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
13. Other KPIs
MORE (!) job ads in EN
for senior managers &
executives
MORE candidates
per job ad:
[84.8 in February 2021]
10.1 in November
39.9 in December
41.5 in January
In other words:
- more competition for candidates
- more talent to choose from for HR
14. in other words: supply of candidates in Europe?
Between December 2021 & January 2022, out of 31 countries:
(that have shared their most recent data)
19 countries: unemployment DOWN
Best result: Cyprus (6.6 to 6.1)
9 countries: unemployment UP
Worst result: Lithuania (6.6 to 7.0)
3 countries: unemployment BACK TO SAME LEVEL
Ireland, Romania, Slovakia
Change in unemployment
rates during CV-19:
15. Are you an indepedent job seeker?
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Search-Explained-Backed-by-Research
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