Employment and the Job Seeker: What Has Changed?
Because the employment market is constantly changing, it’s fair to assume that things have changed if you’ve been employed for the last decade. Your old-school job-hunting and interviewing abilities will still serve you well, although today’s hiring practices are a bit different.
To get a taste of significant developments in the job-hunting process during the last decade, read the details in this article. Technology is a huge contribution to job seekers’ changes today when looking for a job. Gone are the days people randomly employ people. For instance, when seeking employment in a sliding barn door hardware company, you will need to have all the job requirements. The details below will explain how employment has changed and the future of employment strategies.
More people are out of work for more extended periods
According to official definitions, you’re considered “unemployed” by the government if you’ve been out of work for four weeks or more and are now eligible to begin looking for a job.
Despite a significant decrease in the overall unemployment rate since 2007, the average number of months people stay unemployed has grown. More than a year after peaking at 9.1% in December 2007, the number of people unemployed has increased to 16.5% now. Even more worrisome is that the number of employees who have just given up on obtaining a job has increased in the previous decade.
Even if you have a stable job right now, you should still plan for the possibility of becoming unemployed in the future. Unemployment may last for a very long period, with an average reported duration of 26 weeks as of October 2017.
Having a six-months worth of expenditures saved up in an emergency savings account is critical to your survival. If you lose your job, you’ll be glad you have another source of income outside your job.
You can search and apply for jobs with your mobile device
It’s easy to find employment online because technology has taken over, and employers use the media for advertising the positions. While you’re standing at the grocery store or on the train, you may focus on your job hunt.
For those seeking work short on time, this is an excellent opportunity to get some additional practice while looking for a job. According to the latest research, mobile job searching will become even more common in the future.
According to a research study done, 28 percent of Americans have used their mobile phone for hunting for employment. Employers take online applications and invite the shortlisted candidates for interviews. Online jobs have contributed to this drastic change in employment in the past decade.
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It’s vital to have support from others
A candidate’s perceived risk is greatly reduced by social proof—the endorsements, testimonials, and recommendations of your qualities that surface on social networks. Recruiting the incorrect person is the most expensive error a hiring manager can make. A new hire’s yearly wage is one and a half times higher if they depart within three months of starting work.
You can see why recruiting managers are so apprehensive when the economy is as tight. To increase your chances of getting an interview after application, you should build up your LinkedIn endorsements and recommendations first. In the past ten years, the need to have a solid social foundation and support has increased to increase the chances of getting a job.
Skills are more important than a person’s job title
When revising your resume, be sure to include your previous employers’ names and job titles and any phrases that show your unique set of abilities. When applying for a job online, your resume has a better chance of being seen by a real person if you include skills in your resume.
Major corporations widely use resume-scanning software, which looks for keywords related to each position and only forwards the most applicable resumes to HR for more assessment. In addition, if you have any work-related abilities that you love utilizing, you may include them in your job search as keywords.
When searching for new careers, you may come across positions that you never envisaged for yourself but are a wonderful match for what you want to achieve in the future. Most people have education for jobs; that is why employers have shifted to skills and quality an employer will offer when employing people.
Education might fail to be the critical factor as skills are becoming the primary consideration. Changes are inevitable in life; that is why the past ten years have changed employment. Job seekers and employers have to adapt to the changes while more changes are speculated in the future.