Experts have recorded the end of the panic on the Moscow labor market

Over the past quarter the increase in the number of summaries in the local labor market in annual terms was the lowest in two years — 17%, found the research service HeadHunter. For comparison, in 2015 in the first quarter was an increase of 36%, in subsequent — 37, 35 and 29%, respectively, in annual terms. Mass panic in Moscow competitors stopped, conclude the experts.

As the authors of the review HeadHunter, a year ago in the first quarter on the Moscow labour market was panic: “chaotically applicants responded to vacancies and constantly updated or posted resume”. Someone already cut, someone tried to create a back-up in cases of dismissal. Now experts do not see this behavior in the labor market of the capital: “the panic, though there are”, but ceased to be so widespread.

Candidates calmed down

Dynamics of the beginning of this year, on the one hand, explained by the base effect comparison, says the head of service of researches HeadHunter Maria Ignatova: February—March 2015 proved to be the most “depressive” period, when candidates are especially strongly felt the impact of the crisis and increased dramatically. All have placed a summary and update an old resume to “feel out” the market to understand if they can find work, if tomorrow, for example, will reduce, explains Ignatov. Moreover, adds partner headhunting company “Agency Contact” Olga sabinina, then abruptly changed the course of the dollar, and even those candidates who was not afraid of abbreviations, entered the market with the idea to find a job, “to save his dollar earnings”.

However, current statistics can be explained not only by the base effect. Applicants become calmer, says Ignatova. For many of those who have cut back in spring of last year, the situation improved in the fall: since September the company was looking for people gaining those to be hired in the spring of last year “turned out to be such a delayed effect,” she explains. Most of those who are currently looking for a job, do it purposefully and not just to validate their own relevance, emphasizes Ignatova. In addition, due to ambiguous predictions for the current year, many prefer “not to force things”. “If in 2016, all will be well, then most likely, again will be some growth of activity of competitors,” predicts Ignatova.

The improvement in dynamics is observed on the demand side: HeadHunter recorded his growth, which also explains the low rates of last year. Pure vacancies has increased by 12% and in 2015 the dynamics was negative. In March, the demand for employees below pre-crisis levels of August 2014 18% — compared with a lag of 29 per cent in March last year.

Vacancies in the public sector became less

The growing demand on the Russian labour market noted an employment Agency unity: volume of orders for recruiting in January—February of 2016 increased by 38% compared to a year earlier. “The growth was provided by the employers, searching for rare specialists for the starting projects of the food industry and IT, as well as for the implementation of the Federal target programs”, — stated in the press release. Worst of all from the point of view of vacancies, according to HeadHunter, the situation is developing in the field of public service and non-profit organizations: the number of jobs in this sector in the first quarter of 2016 decreased in annual terms by 18%. In December 2015, Prime Minister Dmitry Medvedev signed a law on reducing the number of civil servants by 10%, which is January 1, entered into force. A 9% fall in the number of proposals for service personnel and representatives of the tourism, hotel and restaurant industries.

“We feel that the spring market has livened up a bit from the point of view of the number of vacancies, new large cuts were not. However, still a significant proportion of candidates that year and can’t find a job”, says partner of Cornerstone Victoria Filippov. These candidates “ahead of” professional candidates who are newly entered the market and have long gaps in summary, she says: “Now there are unclaimed by the candidates participating to the labour market than 9-12 months ago.”

On average, one vacancy in Moscow in the first quarter of this year claimed 10.7 candidates (in the same period of 2015 — 10,3). In the first three quarters of pre-crisis 2014 this figure was about 6 people in the place. The most high competition among civil servants (an average of 34.3 resumes on one vacancy) and representatives of senior management (summary 24).