Estonian Job Market Report, April 23, 2020

Estonian Job Market Report, April 23, 2020

A few months ago we reported how Estonia’s tech job market is experiencing fast growth. However, as the 2020 coronavirus pandemic develops, so does its impact on the job market.

In the past month, we have seen the Estonian job market cool down a little bit and noticed some interesting changes to the salaries in different specialties. 📉

In this weekly job market report series, we’ll share such developments in the labor market with you. You can also take a look at the Lithuanian and Finnish job market reports for this week, if you’d like.

But first, a friendly reminder: we’re always welcoming new companies to the MeetFrank family. Throughout the crisis at hand, we are even offering a free trial for all new employers! If you’re hiring, be sure to join us here

If you are looking for a job, you can browse all the job offers currently available in your specialty by logging into the MeetFrank app.

⭐️Now, let’s take a look at how the Estonian job market is doing.

Job market overview

📉The biggest change in the Estonian job market is a drop in the number of job openings. This week, there are 18% fewer active job openings compared to a month ago. 

This is perhaps not too surprising, as some of our insider friends in the startup community in Estonia confirm that many companies have frozen hiring or put it on hold, until the air clears on the state of their sales, fundraising and the economy at large.

📈At the same time, the number of job-seekers has increased by 8% as compared to a month ago. While there have been no news of major layoffs in the tech sector, this definitely indicates some movement of the workforce. And it’s good news for all the companies that are hiring!

Estonian talent

The average expected and offered salaries are in the same ballpark as last month’s salaries. We do see that the trend of lower expectations and higher offers continues.

Estonia salaries

The trend of lower salary expectations is perhaps unsurprising in a time when the global economy is getting a shake-up! Many job-seekers may be deciding that a lower-paying job is better than no job at all.

Weekly special chart: Active job offers in the last 8 weeks

This week, we’re going to show how the number of active job offers has fluctuated over the past 8 weeks in Estonia.

The general trend is very evident: the number of active job openings has been decreasing for 6 weeks in a row now.

While this is a discouraging trend for the job market as a whole, the coming weeks will tell whether it’s a temporary cooldown or a sign of a more fundamental shift on the market. 🎢

job openings in Estonia

Weekly highlight: Software Development

Each week, we zoom in on one specialty and take a closer look at how easy it is to find a job, how difficult to hire talent, and what is the average compensation offered. This week, we’re taking a closer look at trends in software development. 

In general, the software development job market in Estonia is seeing a slowdown. But we wouldn’t call it an ice age just yet. 🐿️ 

On the job offers side, there is a clear decline in the number of active openings. Since the beginning of March, new published openings have been outnumbered by paused job openings. This has resulted in a lower number of active job openings for software developers, as can be seen in the graph below.

software development jobs in Estonia

When it comes to job-seekers, recent weeks have seen a general decrease in the number of applications. At the same time, our active Estonian job-seekers in software development have nearly doubled their user sessions on the MeetFrank platform. 

So, it sure looks like our many talented developers are looking for job offers, but not necessarily findinging ones they’d be eager to apply to. This may just be a great opportunity for companies to start hiring top talent in software engineering now! 😉

Estonia software development talent

Here are a few of the companies making use of this opportunity, with their latest software development job offers in the Estonian job market:

Looking at salaries in software development, we can see that the job-seekers are in a good spot. The average salary expectation has consistently been lower than the average salary offered, and this disparity has even grown in the last few months. Maybe lowering expectations is indeed the key to happiness?

 

Estonia software engineering salaries

 

🥇The most in-demand software development job offer in Estonia in the past 30 days was a Backend Senior Software Engineer role at Bolt, with 41 people applying via the MeetFrank app. 

Welcome to the MeetFrank family! 

🏆 In the past week, several companies joined the MeetFrank family: SA Eesti Spordi- ja Olümpiamuuseum, Recruitech and Azolver Eesti OÜ. Below is a selection of their current job offers that you can match with in the MeetFrank app.

See the offers by clicking on the links below and download our app to apply.

Lithuanian Job Market Report, April 23, 2020

Lithuanian Job Market Report, April 23, 2020

Lithuania is an exciting market to look at, as it has proven itself as a hotbed of fintech and is hungry for international talent.

Our data from the recent weeks shows that the Lithuanian job market has remained strong despite the global turmoil. If that’s not a sign of a solid ecosystem, then we don’t know what is. 

This is the first weekly report on the Lithuanian job market, where we dissect employment trends. We also publish similar reports on Estonia and Finland, if that strikes your fancy. 

Just a quick reminder to all employers: we are welcoming new employers to the MeetFrank family and we’re even offering a free trial throughout the crisis. You can join us here

Or maybe you’re a job-seeker? You can browse all current job offers in your specialty and country in the MeetFrank app.

⭐️So, what’s going on in the Lithuanian job market? Let’s dig in.

Job market overview

Recently, the Lithuanian job market has been outperforming all the other markets, and even its own pre-crisis numbers. This week, there are 44% more active job openings than there were a month ago. 🔥

It’s certainly a good time to be a job-seeker in Lithuania. While the number of job openings has seen fast growth, the number of job-seekers has only grown by 5% as compared to a month ago. As a result, it is quite easy to find a job in Lithuania.

Lithuanian job market

However, not all specialties are created equal. For example, finding a job is very easy if you’re a software developer, but remains challenging for people in Marketing & PR. 

Lithuanian talent

💸The only strong downward trend can be seen in salary numbers. The average expected gross salary is down from €2,597 in February to just €2,033 in April. 

Lithuanian salaries

Of the top hiring tracks, the decrease in average expected salaries has been the biggest among the Marketing & PR job-seekers. We’d encourage the Lithuanian Marketing & PR aficionados to keep their heads high though, as the offered salaries have not seen such a strong decrease. 🧐

See the salary trends for Marketing & PR yourself in the chart below.

Lithuania Marketing & PR salaries

Weekly special chart:

This week’s special chart is dedicated to active job offers numbers of the last 8 weeks. 

As you can see, the Lithuanian employers are on a roll. Despite a short-lived slowdown in March, the general trend of growth is very evident. With the numbers of the last 3 weeks staying stable, there is reason to believe that the trend of active hiring is here to stay. 🚀

job openings in Lithuania

Weekly highlight: Software Development

Every week, we take a closer look at one field of work, evaluating how easy it is to find a job, what’s the situation with hiring talent, and what are the salaries like. This week’s spotlight is on software development. 

📈Like the Lithuanian job market as a whole, software development is seeing a lot of hiring activity. The number of active job openings has increased in the recent weeks. 

software engineering job openings in Lithuania

The percentage of active job seekers among software developers is a little lower than that of the entire job market. However, we have seen gradually increasing numbers of applications in recent weeks, so the job market is certainly not dormant. 🙇‍♂️

Lithuanian Software Engineering talent

Due to relatively lower numbers of job-seekers and increasing numbers of active job openings, finding a job in software engineering is now very easy. 

finding a software engineering job in Lithuania

🎣 So, if you’re a software developer looking for a job, now is a good time to go fishing for some offers. Here are some recent job offers in the Lithuanian job market:

The salary trends show that while Lithuanian software developers have lowered their expectations, the employers are offering even higher salaries than before. What a time to be a software developer in Lithuania! 🤑

You can see the up-to-date data on this in the graph below.

software engineering salaries Lithuania

Currently, the most popular software development job offer is that of Flutter Developer at Adroiti. It’s still open, if you’d like to see how you fare with the competition! 🏆

Welcome to the MeetFrank family! 

✨Last week, PC ZONA joined the MeetFrank family. Welcome! Below are their current job offers. You can download our app to apply.

Finnish Job Market Report, April 23, 2020

Finnish Job Market Report, April 23, 2020

It’s no secret that the Finnish job market is quite solid, with a good mix of established high-tech companies and exciting startups.

However, we’ve noticed some interesting changes to the labor market of Finland in the recent weeks. To quote the poem “First lines of emails I’ve received while quarantining.”, in these uncertain times, as we navigate the new normal, the Finnish job market is now settling into the changed landscape. 🏞️

In this series of weekly reports, we’re going to keep you updated on what’s going on in the job market of Finland (as well as Estonia and Lithuania). 

A quick reminder to all employers: we are always happy to welcome new companies to the MeetFrank family. Currently, we are even offering a free trial for all new employers! Join us now

Are you looking for a job? You can easily take a look at all the job offers available in your specialty when you log into the MeetFrank app.

⭐️ Without further ado, let’s jump into the review of how the Finnish job market is doing this week.

Job market overview

📈 This week, there are 12% more job openings as compared to a month ago. With employers continuing to hire, this is a sign that the Finnish job market is faring quite well in the current crisis.

While the ease of hiring has gone down since the beginning of this year, we can see a slight trend of relief in April, as compared to March. See our data on the secret-sauce index for how easy it is to hire a person on the Finnish market in the monthly chart below.

Finland hiring

🏃‍♂️ Another healthy sign can be seen in the number of active job-seekers. In the Finnish job market, we can see about a 6% increase in the number of job-seekers as compared to a month ago.

Finland talent

Although all of the above makes it look like the global pandemic has had no impact on the labor market in Finland, then the data on salaries offers a rebuttal. The average expected and offered salaries have seen a noticeable decrease across specialties. 💸

Finland salaries

Weekly special chart: Active job offers in the last 8 weeks

Each week, we’ll highlight one chart with the most interesting and relevant current data. This week, we’re showing you how the numbers of active job offers have fluctuated over the past 8 weeks. 

As you can see, the data shows a slow but steady increase in the number of active openings, with the biggest increase happening in the last week. Any slowdown in March was small enough to be a statistical error. 

job openings in Finland

So, overall, this chart confirms that the Finnish job market is staying strong in the current storm. Let’s see whether this trend continues in the weeks to come.

Weekly highlight: Software Development

In every weekly job report, we review one field of work in more detail. We’ll be taking a look at how easy or difficult it is to hire, to find a job, and what are the average salaries like. This week, we’re zooming in on software development. 🕵️‍♀️

While March saw a slowdown in hiring in the Finnish software development field, then April is showing us signs of a bounce back to activity. The number of active openings has recovered to pre-crisis levels. 

software development openings in Finland

On the software development job-seekers side, there was a temporary steep drop in applications for a few weeks in March, but these have also recovered by now. At the same time, the job-seekers have steadily increased their usage of the MeetFrak app in the recent weeks, with a bigger jump in user sessions this week. 📈

So, why are the job-seekers more active on the app but not necessarily applying to jobs more? It could be that they’re just browsing to see what’s available, or they may be mustering up the courage to apply. Let’s see if it translates to more applications in the coming weeks.

Finland software development job seekers

Finding a job in software development in Finland has remained quite easy, so the job-seekers certainly should not hold back from applying now. 

finland software engineering

There’s a good variety of active job offers available for software developers in Finland. Here are some of the more recent ones, if you’d like to take a look.

💰The expeced and offered salaries in software development have remained quite stable. While there is a small downward trend for expectations and an upward trend for what’s offered, these changes are incremental compared to other specialties and countries. You can see the most recent data on this below.

Finland software development salaries

The most popular software development job offer in Finland in the past 30 days has been a Head of Developer Inspiration role at Appgyver with 32 people applying for an interview. 🏅

Welcome to the MeetFrank family! 

🏆 In the past week Superior Sales, Luckan, Unikie, Sogeti and Droppe joined the MeetFrank family. Here’s a selection of their current job offers and download the MeetFrank app to apply.