This morning of Western European time, Donald Trump became the 45. President of the United States. His success in the election apparently triggered panic-like job reflexes in many Americans, which also manifested themselves in the labor market.

indee-job lucht-usa-election

First shock after the election result

“For many Americans, the election result was a shock. For many, the first impulse was flight. ”

says Jed Kolko, Executive- Economist of the Indeed US job site. In fact, after the election results became known, the Canadian Immigration Service collapsed. Months ago, “How to move to Canada” had been a popular search term on Google.

Increased demand for jobs in Canada

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But that's not all, of course, the many Canadians want to work in spe also somewhere. That's why we asked Indeed what the situation looks like. And indeed, on the side of Indeed today, there is a significant increase in demand from the USA to Canada.

Although there is always a certain transfer of workers from the US to Canada: in the hours after Trumps official election victory, Americans were looking ten times more for jobs in Canada than normally. Once again Jed Kolko:

Of course, it is much too early to say how the job search behavior will develop after the first shock. But the sudden rise shows: Many Americans were surprised by Trump's election victory and think about opportunities outside the country.

How will the trend develop?

Now it remains to be seen how the job and migration trend from the USA to Canada will develop. In particular, the following arise Ask:

post-election-exodus-hiring-lab-blog-charts_foreign-search

One has to ask the question: is the USA now threatened by brain drain thanks to Trump? And why is it important for the labor market in particular that Germany should now set an example?

How to move to Canada?

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One thing is clear: According to an analysis by the Indeed.com job exchange, the proportion of job seekers from the US to Canada began Choice-night from around 21.00:XNUMX p.m. (Eastern time) - at a time when it was becoming increasingly clear that Trump would win the election.

As of midnight, Canada accounted for 2,7 percent of all US job searches on Indeed — more than XNUMX times the normal share for that time of day. This tip in the Job Search was only short-lived, however, because by Wednesday afternoon it was almost back to a normal level.

Job search from the US abroad: Permanently slightly increased

However, the analysis by Indeed also shows: The proportion of searches for jobs abroad remained moderately above the pre-election level: On Thursday 28% more jobs were searched for abroad than on the previous Thursday.

At the weekend, the proportion of job seekers abroad was at times 25% above the level of the week before. And compared to the pre-election period, the increase remains permanent light elevated.

post-election-exodus-hiring-lab-blog-charts_new-zeland-surge

Who benefits from job search? New Zealand in front of Canada

With Canada's Immigration Service website crashing on election night, the neighbor to the north has the biggest yet awareness received as a possible migration target. According to Indeed, Canada is the most popular anyway Objective the job search for Americans abroad.

But compared to normal job search patterns, the differences were not particularly for Canada, but for another country: New Zealand. From the election day to the Sunday evening (8.-13 November), the share of US search for New Zealand was more than four times the same day a week earlier (1.-6 November). Canada is only second in this ranking.

Ireland, Spain and Australia are also included in the Top5, followed by English-speaking countries such as the United Kingdom (despite Brexit) and South Africa, but also Switzerland, the Netherlands and, surprisingly, Italy. Germany is missing as well as countries, which typically receive many search activities from the USA like Mexico, Brazil or India.

post-election-exodus-hiring-lab-blog-charts_metro-table-high

Brain drain from the US?

The increase in job searches abroad goes through different groups and classes: It affects university graduates as well as people without a university degree, milenials as well as members of Generation X. But one big difference can be determined: From the states and regions that benefited Clinton, there was an increasing number of job searches abroad.

Indeed, Indeed had the job search from the 8. to 13. In US states and metropolitan areas, data from the last five weeks were compared in November: In states that have already had a large number of foreign job searches, they once again increased by the factor 0,24, in others even by 0,30.

Jobexudus of the educated?

Amongst the major metropolitan areas, which typically have a high proportion of foreign job searches, the search for jobs abroad was strongest in Durham, New York City, Austin and Seattle - all more leftist, highly educated metropolitan areas. The expansion of job search abroad after the elections, by contrast, was minimal in Houston and Los Angeles.

Among the major metropolitan areas, which typically have a moderate proportion of overseas job search, demand was strongest in Madison, Wisconsin, Albuquerque, NM, and Portland, Oregon.

post-election-exodus-hiring-lab-blog-charts_metro-table-moderate

Conclusion: Germany has to set signs

However, it is unlikely that a mass exodus of educated workers will come from abroad - and the German labor market also appears to benefit only moderately from this demand, if at all. Incidentally, data for the Silicon Valley should be available soon.

This shows that it is precisely in the course of the US elections for the German labor market useful is to improve its image internationally, too, in order to attract highly educated specialists who are willing to change jobs, especially in the IT to be attractive. German politics has set important signals here in the past and can continue to improve this image.


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