This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.
🤓If you’re anything like us, you get excited for new statistics and data on the job market. Yes, we are once again sharing some interesting insights about the Finnish job market with you.
Also, the Finnish media shared some of the latest data from MeetFrank this week, read the articles below:
- Tivi: Näin koronakriisi näkyy työnhaussa – koodareilla ei vielä hätää
- Iltalehti: Palkkatarjous 3 295 e, 4 034 e, 4 414 e – työnhakupalvelu listaa, mitä nyt tarjotaan
- Ilta Sanomat: Työnhakufirma avasi tilastonsa: Koronakriisi pudotti eri ammattien palkkatarjouksia jopa yli 500 euroa
We see that the Finnish job market is currently on a rollercoaster. Fasten your seatbelts, you are in for a ride.
Just in case you’re new around here: MeetFrank connects employers and job-seekers in a transparent and efficient way. If you are currently hiring, join MeetFrank today and you’ll see how easy it can be to hire top talent.
If you’re a job-seeker, you may be wondering who would like to hire you and how much they’d pay. Download the MeetFrank app and you’ll have answers to these questions within minutes.
And now, time for a review of how the Finnish job market is doing this week. 🎢
Job Market Overview
The Finnish job market is as volatile as the stock markets these days. Last week saw a noticeable increase in the number of job openings, and this week the number is down again by about as much.
Based on our data, the number of active job openings is down by 12% this week. 📉
The number of people looking for a job has seen a slight increase, as now about 8.3% of the talent in Finland are active job seekers.
Market competitiveness remains in the slightly above average range, meaning that in general it is not too easy and not too difficult to find a job in Finland.
⚠️ However, different specialties are not equal in this. Currently, finding a job is the most difficult for people in Marketing & PR and easiest for those in Finance, IT & Sysadmin.
To dig even deeper, we see that the biggest volumes of talent movement are currently happening in the field of software development. This is also evident when we look at the most sought-after skills of the Finnish job market: development, development, development.
Weekly special chart: Remote work across specialties
✨ There’s no need to reiterate how much remote work is on the rise this year. It is obvious. In this week’s special chart, we are looking at remote work opportunities in different specialties.
More specifically, we are looking at what percentage of job openings in different tracks are open to remote work in Finland. We focus on the top 6 tracks in Finland by volume.
More specifically, job openings in two specialties are most welcoming to remote applicants. A striking 36% of Marketing & PR & Media job openings and 27% of openings in Sales & Business Development are open to remote workers.
Customer support and software engineering job openings are in the middle, at 17% and 13% accordingly. From the most popular tracks, finance and IT & Sysadmin are least welcoming to remote applicants, at 6% and 9% respectively.
Weekly highlight: Finance
Each week, we take a close look at one specialty and evaluate what are the biggest trends in that field. This week, we are zooming in on Finance in Finland. 💳
First of all, we see that the percentage of active job seekers in finance is lower than that of the job market as a whole. While the percentage is below 6% for finance, it is above 8% for the overall job market.
When it comes to job openings, we see that the last few months have seen a significant increase in the number of active openings in Finance.
At the same time, the number of applications have remained quite low in recent weeks. This is perhaps unsurprising, as the percentage of active job seekers in finance is quite small.
So, what does it mean if the percentage of active job seekers is relatively low and yet there is a fair number of companies hiring? That’s right, it means that finding a job in finance is very easy right now. 😎
Next, let’s talk about money. The offered and expected salaries are pretty much in agreement. That’s a healthy sign for the finance sector in Finland.
If you are looking for a new challenge in finance, here are a few recent openings you may want to take a look at:
- Prasos is looking for an Asset Manager (Private banking)
- Operaria is looking for a Financial Manager
When it comes to hiring in finance, Finnish companies are not in the best spot. Our data shows that it is currently quite difficult to hire in finance, as there are relatively few job-seekers actively looking. But don’t fret, we’re here to help you. 🦸♀️
We can see that job-seekers in finance are most motivated by new challenges, a higher salary and growth opportunities. So, be sure to highlight these perks if you are putting together a job opening!
Welcome to the MeetFrank family!
🏆 New week, new companies! We are happy to extend a warm welcome to Tidy Technologies, Visit Tampere, Powder, Phaver, Nextcon and TaskShare for joining the MeetFrank family.
To discover their latest job offers, download our app and apply now:
- Tidy Technologies is looking for a Full-stack developer
- Tidy Technologies is looking for a Frontend developer
- Visit Tampere is looking for a Marketing and Comms expert
- Powder is looking for a Growth Hacker
- Phaver is looking for a Mobile Developer
- Nextcon is looking for Front End Back End Full Stack Developers
- TaskShare is looking for a CTO for a Startup