With the beginning of the COVID-19 pandemic, Career Angels wanted to understand how it actually affected the job market. We started to observe and analyze the changes that it brought. - Since March 2020: we have been observing the situation across the EU (unemployment and the number of job ads published on LinkedIn) - Since September 2020: monitoring a total of 80 countries on all continents. Tracking the demand for candidates, that is – if and how much – companies are hiring, gives quite a good feel of the overall trend on the global job market.

1. Market Signals
by Career Angels
1 year into the COVID-19 pandemic

2. Since March 2020: we have been observing the situation across the EU
Since September 2020: monitoring a total of 80 countries on all continents
With the beginning of the COVID-19 pandemic, Career Angels wanted to
understand how it actually affected the job market. We started to observe
and analyze the changes that it brought.
(unemployment and the number of job ads published on LinkedIn)
Tracking the demand for candidates, that is – if and how much – companies
are hiring, gives quite a good feel of the overall trend on the global job
market.
Market Signals
Status: April 2021
© by Career Angels

3. Global reach
The changes in the number of LinkedIn job ads in all areas that we observe (Europe, Africa,
the Americas and the top 20 global economies) usually showed similar tendencies, but with
different timing. However, there were moments when the whole world synchronized:
in 2020 between November 16 & 23 and in 2021 since the beginning of March.
March 1
November 16
March 15
March 22
March 29

4. The Americas

5. Overview
Initial:
5,031,988 job ads
Week 39 (2020)
Best result:
6,714,385 job ads
Week 11 (2021)
Worst result:
5,031,988 job ads
Week 39 (2020)
The Americas
The number of LinkedIn job ads in the Americas increased across the 28 weeks of our
observations. The lowest result is at the same time the initial level of job ads (5,031,988)
and the best one was noted two weeks ago, in Week 11 of 2021 (6,714,385).

6. Cuba
(-80.00%)
Panama
(-3.35%)
Paraguay
(+368.75%)
Haiti
(+259.09%)
Argentina
(+205.05%)
The Americas
Biggest overall increase: Overall decrease:

7. The Americas
If you would like to read more, visit
CareerAngels.eu/Market-Signals/
to download the full report.
We took a closer look at how the
markets of the Americas reacted
to the COVID-19 crisis between
Week 39 & 50 of 2020.

8. Africa
Top 10 Economies

9. Overview
Initial:
429,646 job ads
Week 39 (2020)
Best result:
494,507 job ads
Week 47 (2020)
Worst result:
195,728 job ads
Week 9 (2021)
Africa
Top 10 Economies
The number of job ads on LinkedIn in Africa was stable and only showed small increases
and decreases until Week 5 of 2021 (the beginning of February). Then, the numbers fell
and in Week 9 reached their lowest point of 195,728.
February 4
March 1

10. South Africa
(-50.05%)
Angola
(-3.80%)
Ethiopia
(152.99%)
Morocco
(+149.58%)
Egypt
(+145.64%)
Biggest overall increase: Overall decrease:
Africa
Top 10 Economies

11. Africa
Top 10 Economies
If you would like to read more, visit
CareerAngels.eu/Market-Signals/
to download the full report.
A thorough analysis of the African
job market amid COVID-19. This
our updated report that covers
Week 39 (2020) to Week 10 (2021).

12. Top 20
Global Economies
Sources: International
Monetary Fund; United
Nations Population
Division (2021)

13. Top 20 Global Economies

14. Top 20 Global Economies
Overview
Initial:
4,414,172 job ads
Week 39 (2020)
Best result:
5,613,742 job ads
Week 11 (2021)
Worst result:
4,329,984 job ads
Week 49 (2020)
The number of job ads on LinkedIn in the United States has been visibly fluctuating.
Overall, however, it has increased - in Week 11 of 2021 the result was the highest since the
beginning of our observations: 4,329,984 job ads.

15. Top 20 Global Economies
Overview
Initial:
4,414,172 job ads
Week 39 (2020)
Best result:
5,613,742 job ads
Week 11 (2021)
Worst result:
4,329,984 job ads
Week 49 (2020)
The number of job ads on LinkedIn in the United States has been visibly fluctuating.
Overall, however, it has increased - in Week 11 of 2021 the result was the highest since the
beginning of our observations: 4,329,984 job ads.

16. Top 20 Global Economies
Overview
Initial:
795,295 job ads
Week 39 (2020)
Best result:
1,048,855 job ads
Week 13 (2021)
Worst result:
163,077 job ads
Week 53 (2020)
The United Kingdom's number of LinkedIn job ads has been usually stable, except for the
dramatic fall at the end of 2020. Since then, however, the numbers have been rising
again and are now the highest since the beginning of our observations reaching 1,048,855.
December 31

17. Top 20 Global Economies
Overview
Initial:
1,163,284 job ads
Week 39 (2020)
Best result:
1,739,158 job ads
Week 11 (2021)
Worst result:
1,093,332 job ads
Week 40 (2020)
The current number of LinkedIn job ads in China is higher than initially in Week 39 of
2020. It shows that the country has shown an overall upward trend, despite a few more
significant increases & decreases.
February 15

18. Top 20 Global Economies
If you would like to read more, visit
CareerAngels.eu/Market-Signals/
to download the full report.
The second wave of COVID-19 in
the 20 biggest global economies
This report covers Week 39 (2020)
to Week 53 (2020).

19. Europe

20. Overall winner
Region
Overview
Initial:
1,655 job ads
Week 13 (2020)
Current:
3,574 job ads
Week 13 (2021)
Result:
+215.95%

21. Overall winner
Country
Overview
Initial:
4,537 job ads
Week 15 (2020)
Current:
30,288 job ads
Week 13 (2021)
Result:
+567.58%

22. Overall loser
Region
Overview
Initial:
719,445 job ads
Week 15 (2020)
Current:
487,050 job ads
Week 13 (2021)
Result:
-32.30%

23. Overall loser
Country
Overview
Initial:
579,619 job ads
Week 15 (2020)
Current:
295,401 job ads
Week 13 (2021)
Result:
-49.04%

24. Germany
Overview
Initial:
1,830,319 job ads
Week 13 (2020)
Current:
1,118,210 job ads
Week 13 (2021)
Result:
-38.91%
After decreasing until Week 23, the number of LinkedIn job ads kept growing and
reached its highest result (2,212,906 job ads) in Week 44 of 2020. Since then, however, it
has been decreasing again, with the most drastic change happening in Week 52 (-61%).
December 21
February 8

25. Most stable

26. Least stable

27. Upward tendency

28. When it comes to countries that are small in geographic size and where the
number of LinkedIn job ads is smaller than 1000, (Albania, Andorra, Bosnia &
Herzegovina, Cyprus, Moldova, Montenegro and North Macedonia) the changes
in percentage are always unreliably high.
The smallest countries

29. Andorra
Overview
Initial:
5 job ads
Week 15 (2020)
Best result:
114 job ads
+2180.00%
Week 8 (2021)

30. "We had to let staff go and have retained only essential workers"
"The number of clients is dramatically decreasing"
"I lost my job"
"We went bankrupt"
"We had to lay off many people"
"All recruitment processes are frozen"
"The situation is really bad"
"The business suffered due to CV-19"
About 2020...
"We’re actively looking for savings"
"COVID-19 slowed the business down considerably"
"Financially we are in the negative"

31. "Our gains exceed the expectations"
"Everything is normal"
"No lay-offs planned"
"We’re thriving"
"We don’t want to fire anybody"
"We are actually hiring"
"Business in full bloom" "We closed 2020 with a record in sales"
"Sales are doing very well"
"2020 was actually one of the best years in our history"
About 2020...
"COVID-19 helped speed up our transformations"

32. "We’ve stopped visiting our clients personally, everything is remote.
It’s going to stay like this – we actually work better from home"
"We switched to remote and hybrid work and swapped live
meetings to online ones"
"We strengthened our internal communications since 95% of our employees
work remotely. This increased general motivation"
About 2020...

33. About 2020... and 2021
Supply = unemployment
Demand = how much hiring
→2 CVs: "human", ATS
→use ALL 4 channels:
→headhunters, job ads, direct approach, networking
→consistent Personal Branding

34. If you are a senior candidate
who might need support / guidance:
You can access the following services confidentially and free of charge:
- CV Report
- Career Consultation
Email Bichl.Sandra@CareerAngels.eu who will personally match you with
the most relevant Career Consultant. To save time: add your CV and
availability for a Skype call. One CVR or Career Consultation per person.
If you want to support your (future) former employees:
Request an offer for outplacement services by sending an email to
Zadrozna.Anna@CareerAngels.eu.
For further information visit: CareerAngels.eu/B2B/Outplacement

35. Visit our website to download special
Market Signals Reports available for everyone!
reports summarizing the European job market situation
from the beginning of the COVID-19 pandemic
a special report on the top 20 economies in the world
a special report on the Americas & Africa
a comparison of the number of LinkedIn job ads &
official unemployment rates from Eurostat in 30 countries
So far, we have published:
www.CareerAngels.eu/Market-Signals/

36. Special reports
Our special reports are released "live" to subscribers and then published for the public
with a delay of 4-6 weeks. If you want to make sure you're the first one to receive them,
send an email to Bichl.Sandra@CareerAngels.eu, subject: Special Reports Subscriber.