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In the Latvian job market, the recent trends for Product Engineer roles indicate a fluctuating demand. Over the past 12 weeks, there has been a notable peak in new job postings, reaching a high of 61 positions in week 11. Conversely, while the number of jobs closed has significantly increased, particularly with 59 closures in week 11, the cumulative opportunity remains strong with a net gain in job openings most weeks. When compared to other regions in Europe, Latvia shows a promising landscape for Product Engineering jobs, highlighting the need for effective recruitment strategies for CTOs and engineering leaders targeting this sector.
| Company name | Country | Industry | Founded | # Job openings | |
|---|---|---|---|---|---|
|
Canonical | United Kingdom | Information Technology & Services | 2004 | 38 |
|
Ruby Labs | United States | Information Technology & Services | 2018 | 9 |
|
Printify | United States | Information Technology & Services | 2015 | 7 |
|
ARRISE powering Pragmatic Play | United States | Information Technology & Services | 2016 | 6 |
|
EPAM Systems | United States | Information Technology & Services | 1993 | 4 |
|
Edge Autonomy | United States | Aviation & Aerospace | 1998 | 4 |
|
Mastercard | United States | Information Technology & Services | 1966 | 4 |
|
Luminor Group | Estonia | Banking | 2017 | 4 |
|
Printful | United States | Printing | 2013 | 4 |
|
Roche | Switzerland | Research | 1896 | 3 |
The Product Engineers job market trends in Latvia reflect a challenging landscape for hiring managers, with a notable ratio of talent pool to job openings. Latvia has a count of job openings that, when compared to the available talent, indicates a tighter market. In contrast, countries such as Poland and Germany have a more favorable jobs-to-talent ratio, facilitating recruitment efforts for CTOs and Engineering Managers. Similarly, the Netherlands showcases a greater availability of qualified professionals, further complicating the hiring process in Latvia. As a result, hiring for Product Developer opportunities in Latvia requires strategic recruitment strategies tailored to navigate this competitive environment.
In Latvia's Product Engineering job market, the distribution of seniority levels reveals significant insights for hiring managers. Currently, 59% of positions are categorized as Mid-Senior level, while Entry level roles account for 23%. Additionally, Associate roles make up 6% of the market, indicating a strong inclination towards experienced professionals in this segment.
In Latvia's engineering job market, the predominant employment type is full-time positions, comprising 93% of available roles. Contract roles represent 7% of the market, while part-time opportunities account for just 2%. This distribution highlights a strong preference for stable, long-term employment among Product Engineers in Latvia.
The time to hire for Product jobs in Latvia reveals important trends for hiring managers in the tech sector. Notably, 40 candidates were hired within 30 days, indicating a swift hiring pace for Product Engineers in this competitive job market. As hiring managers strategize recruitment, 26 candidates took 35 days, suggesting a potential bottleneck for roles that may require specialized skills. Furthermore, the data shows that 18 hires were made within 15 days, facilitating rapid placements. Understanding these timeframes can significantly aid CTOs and engineering managers in refining their recruitment strategies, especially in a landscape where the demand for Senior Product Developers continues to grow.
The Product Engineers job market trends in Latvia indicate a vibrant and adaptable landscape, crucial for tech industry hiring managers. Over the past 12 weeks, there has been a significant peak in job postings, with 61 new roles emerging on week 11, despite a heightened closure rate that suggests a dynamic yet competitive hiring environment.
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The Product Engineers job market in Serbia has shown notable fluctuations, with a peak of 132 openings in week 10, indicating a strong demand for talent amid increasing competition.
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The Product Engineers job market trends in Germany, particularly in Cologne, reveal a landscape characterized by fluctuating job openings, with a peak of 10 new positions recorded in just four weeks, suggesting a dynamic demand for Product Engineers.
View ReportIn Latvia, the distribution of Product Engineers job openings demonstrates a clear concentration in key urban areas, particularly in the capital city, Riga, which accounts for 88% of the listings. The overall job market includes 6% of openings available for positions across the country, while remote opportunities represent 4%. The data indicates a strong preference for hiring within Riga, signifying the city's pivotal role in the Product Engineer job market. Please refer to the accompanying chart for a detailed breakdown.
In the evolving landscape of the Product engineering job market in Latvia, several technologies stand out in terms of their prevalence. Notably, 'Product Management' ranks highest with a frequency of 3,540, highlighting its central role in guiding product lifecycle and strategy. Following closely are 'Project Management' and 'Agile', with frequencies of 2,969 and 2,655, respectively, indicating a strong emphasis on iterative development and effective project execution in the hiring process. Additionally, 'Data Analysis' (2,104) and 'Sales' (1,901) are critical, demonstrating the need for data-driven decision-making and a strong commercial acumen in product roles. For a detailed visualization of these trends, please refer to the accompanying chart.
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