Market Signals Special Report Southern Europe
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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!
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Market Signals Special Report Southern Europe
- 1. Market Signals by Career Angels Southern Europe Changes on the job market
- 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
- 6. Greece Overview Initial: 5,867 job ads Week 1 (January 3) Final: 7,397 job ads Week 10 (March 7) Result: +26.08% January 28
- 7. Overview Initial: 151,541 job ads Week 1 (January 3) Final: 141,018 job ads Week 10 (March 7) Result: -6.94% Italy January 10
- 8. Portugal Overview Initial: 70,054 job ads Week 1 (January 3) Final: 27,369 job ads Week 10 (March 7) Result: -60.93% January 24
- 9. Spain Overview Initial: 62,051 job ads Week 1 (January 3) Final: 76,255 job ads Week 10 (March 7) Result: +22.89%
- 10. Find all Special Reports here: www.careerangels.eu/market-signals/ www.slideshare.net/careerangels/
- 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? www.Udemy.com/Course/Every-Step-of-the-Job- Search-Explained-Backed-by-Research
- 17. 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/