This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.
Recently Finland opened borders to Norway, Denmark, Iceland, Latvia, Lithuania, and Estonia (yay!) and is taking cautious steps towards normalisation.
In our recovery outlook blog post, we mentioned the low number of job openings in the Finnish job market and the difference between the offered and expected salaries. 📉
In the past 2 weeks, Finland saw some changes in market competitiveness and the number of job openings. 👀
If you are hungry for more information, you’re definitely in the right place! 👍
Let’s discover what’s been happening in the Finnish job market lately. 🚀
Job Market Overview: May vs June
The beginning of June saw a 34% decrease in the number of job openings in Finland. The downward trend continued in the past 4 weeks.
Unlike the number of job openings, the decrease in job applications has been rather small since May.
What about market competitiveness?
The ease of finding a job in Finland has been very steady in the past 6 months. However, the recent decrease in the number of job openings has made it more competitive for job seekers.
🔊 While it was at the ‘OK-level’ to find a job in the Finnish job market, now it has become more challenging.
It’s still easier for software engineering candidates, but sadly design professionals will find it difficult to find their dream job for now. ⛔
When it comes to salaries, there is still a gap between the offered and expected salaries. As companies are eager to pay more for talent, job seekers should consider increasing their expectations a bit. 💸
We’ll see how the month ends and what opportunities are ahead for job seekers. 🙏
Job Applications in the Top 6 Specialties in June 2020 vs 2019
In this section, we will delve into how the pandemic has changed the way job seekers apply for openings, and which industries have lately become rising stars.
In short, we’ll compare the number of job applications in the top 6 specialties in mid-June 2020 to those of mid-June 2019.
According to Statista, roughly 46,000 people have become unemployed, and 136,000 people have been temporarily laid off during the lockdown phase of the coronavirus pandemic in Finland since March 2020. 😷
The situation seems to have affected the number of job applications in the Software Engineering industry the most, yet there are some surprising facts on the way. 🤔
Let’s have a quick recap of the stats above:
✅ Similar to Estonia, the Finnish job market has seen a significant increase in the number of applications in the Software Engineering industry.
✅ Surprisingly, it has been the only industry with an increase. 😵 All other industries seem to have had a much lower number of applications compared to the 2019 stats.
While the Sales & Business Development sector has lost approximately 9% of job seekers compared to last year, Finance candidates seem to have already found what they were looking for—there have been no applications at all and market competitiveness is at a very good level for finance professionals, as can be seen in the MeetFrank Insights. 😯
Who are the companies hiring with MeetFrank?
MeetFrank is growing every day and so is the number of companies collaborating with us. 🎆
In this section, we’ll discuss the Finland-based companies in the MeetFrank database and get to know them better. 🤝
As of today, there are 109 companies from Finland in our database. Startups and corporates make up the majority, which is similar to Meet Frank’s general company profile. ✅
Finnish companies mostly operate in software development, SaaS, technology, consultancy, and enterprise software sectors. If you’re looking for an opportunity in Finland and work in one of the industries, this is a good time to try your luck. 🍀
When it comes to company size, Finland-based companies are mostly in the 11-50 range, followed by the ‘big guys’ which are in the 51-200 range.
There’s also a high number of small companies with 2 to 10 people. 👨👩
The majority of the companies have revenues below €1M, but who knows what will happen by the end of this year? 🤑
Remote Job Offers Per Specialty in Mid-June
Today, more and more companies are embracing remote work, and the number of remote job openings have started to go hand in hand with that blossoming love. 💗
Let’s see what Finland-based companies are thinking about this. 💭
By mid-June, the software engineering sector saw the highest number of remote job openings in the Finnish job market. Good times to be a software engineer! 🖥
It seems the increase in the number of job applications for this industry was for a reason. 😉
When we look at the chart, we see that the Sales and Business Development, Marketing & PR & Media, IT & Sysadmin, Design, and HR & Recruitment are next potential champions. But it seems the gap won’t be bridged that easily. 🏔
Interested in working remotely? Here are the latest remote job offerings:
- Aiven.io is looking for a Software Engineer, Security
- Oura is looking for a Netsuite Developer
- Dear Lucy is looking for a Chief Technology Officer (CTO)
Welcome to the MeetFrank family!
This week, Tumplate, Playvation Ltd, KTI Kiinteistötieto Oy, and Workfellow.ai joined the MeetFrank family! 👯♂️ And here are the latest job openings from our newest members:
- Tumplate is looking for a B2B Sales Representative
- Playvation Ltd is looking for a Full Stack Developer
- KTI Kiinteistötieto Oy is looking for a Business Intelligence Expert
- Workfellow.ai is looking for a Backend Developer (or full stack with strong back)