Tell HN: The German job market is crashing
60 points| Sladik | 3 years ago
Dashboard: https://jobmarketanalytics.com/#months=%2212%22&technology=%...
Source Code: https://github.com/petracarrion/job-market-analytics
Slide Deck: https://petra.carrion.io/job-market-analytics/slides/
Important! If it is offline, please refer to this image: https://gcdnb.pbrd.co/images/ElMG6yee19KT.png?o=1
snowpid|3 years ago
I talk to HR people from different companies (in Berlin) from time to time and they still complain about the lack of skilled workers. Lastly, there is an armada of economic institutes in Germany that do not foresee a "job market crash" either. Jobs are a lagging indicator and the German economy is still growing. Only next year will there be a slight recession.
P.S.: For a good statistical analysis, the data source should be mentioned (which website), different sources (e.g. different portals, different source). A data lake otherwise does not make much for an alarmist analysis.
vernon99|3 years ago
There could be something else of course. But also possible that some companies are being hit by energy crisis.
sdfgdfghj|3 years ago
How do you know that?
uberman|3 years ago
Sladik|3 years ago
rognjen|3 years ago
I'm very suspicious of the data, because a 33% decrease in less than a month is unreasonable. Even at the height of Covid, there wasn't that much of a drop-off.
My money is on the script being broken.
Varqu|3 years ago
November looks more like a recovery month compared to a very bad September and bad October.
sendfoods|3 years ago
dont__panic|3 years ago
BadBadJellyBean|3 years ago
Hiring will probably pick up again next year, though. I hope you find something.
Sladik|3 years ago
Sladik|3 years ago
Sladik|3 years ago
- https://petra.carrion.io/static_dashboard/imgs/overview.png
- https://petra.carrion.io/static_dashboard/imgs/top_5_cities....
- https://petra.carrion.io/static_dashboard/imgs/top_5_technol...
xbar|3 years ago
Sladik|3 years ago
Sladik|3 years ago
About whether these trends that we see in the graphs are something real or just a data issue like seasonality or a problem with the data sources, I think we will soon know from the mainstream media. As always the time will tell.
tkiolp4|3 years ago
_lth|3 years ago
1) What is your source? - the slides only state it's the biggest platform. 2) How do you compensate, that your dataset only represents x% of the real offers? 3) If you think you have a reasonable share of the job offers, how do you justify this assumption?
These are the main questions, that I would ask if you tell me to use it as business information - all the technical stuff is secondary. But there are more:
4) How do you compensate a change in recruitment strategy? You are just looking at one platform. 5) What makes you sure, that every item in your dataset is interpreted correctly? Can you somehow make sure, that your parsing and reformating is always correct? Can you verify that? Can you detect if not? 6) Can you detect a change on the website itself, e.g. new categories, differences in job description?
Also my experience is different, with getting a ton of job offers currently, directly via business network, I'm willing to look at a statistics based bigger picture that changes my mind. But the interpretation and the harsh change, together with these open questions make me believe that you more likely have a technical problem. So my advise would be, spend a lot more slides on the data and not the acquisition, because all acquisition effort is useless if you can not verify your data and results.
_aavaa_|3 years ago
Is there some German/EU law that requires job postings to be available for at minimum one calendar month? Cause that spike at ~30-31 days is real conspicuous.
Or at HR people just defaulting to 30/60/90 days for the posting being automatically removed?
hobofan|3 years ago
HeikeMaria|3 years ago
Sladik|3 years ago
That means that the crash probably started in October and we started seeing it on the data at the beginning of November.
sdevonoes|3 years ago
> the major job offer portal in Germany for over one year
I hope that's Linkedin. Because if it's another site like Monster, StepStone or similars, I'm afraid the data is probably garbage. I don't know a single engineer in Germany who uses anything but Linkedin (well, many engineers use niche job boards like remoteok, or directly use the company's career section... but no single one uses Monster/StepStone/Glassdoor, because they are total crap)
Edit: the data source seems to be stepstone.de. That's unfortunate. Is there any chance to run this against Linkedin for 2023? That would be awesome!
(https://github.com/petracarrion/job-market-analytics/commit/...)
malteg|3 years ago
Sladik|3 years ago
chrispeel|3 years ago
[1] https://gcdnb.pbrd.co/images/ElMG6yee19KT.png?o=1
Sladik|3 years ago
jcadam|3 years ago
unknown|3 years ago
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TheAlchemist|3 years ago
That being said, with the data you have available here, you can’t conclude anything at all - you would need several years of data to rule out seasonalities, and also take into account some external factors influencing it.
Ps. Are you sure you’re not using something like rolling average and you just don’t have the data points (if it’s centered around current date) ?
xrayarx|3 years ago
https://www.arbeitsagentur.de/news/arbeitsmarkt-2022
nmridul|3 years ago
Sladik|3 years ago
djangpy|3 years ago
eeemacs|3 years ago
Phelinofist|3 years ago
rsj_hn|3 years ago
That's the point of time series -- you need to accumulate them over long periods of time and then you start processing them to understand them better to see if they are leading/contemporary/trailing predictors of what you really care about -- in this case, the tech job market.
So keep it up! But also wait a bit before using it :)
the-printer|3 years ago
beardedman|3 years ago
netsharc|3 years ago
mir3la|3 years ago
Sladik|3 years ago
ushakov|3 years ago