Here are some job search statistics to keep in mind when searching for your next job and how to take advantage of them.
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If you’re looking for a new job and want to make sure you get job offers in return, then looking up relevant job search statistics can help. Knowing more about recruiting trends, how to present yourself as top talent and how the current global workforce looks can aid your job application as a whole.
Let’s take a look at some job search statistics for 2024 and how job seekers can use them to their advantage.
The latest data as of December 2022 in the EU-area shows an unemployment rate of 6.6%, down from 6.7% the month before. These numbers vary little with the unemployment rates of those seen pre-pandemic. Basically, job hunting is better now than ever. It might be time for you to get back into the recruitment process and develop a new full-time career.
In comparison, post-pandemic statistics showed that one in four employed people had remote work positions in July 2020. This has begun to decline as more companies are re-opening, but some companies will still perform remote work until pandemic limitations have been fully lifted.
You might spend some time within your week personalising just one job application. Some sites like LinkedIn or Jobvite might invite you to use easy application buttons, but it is always best to take the time to write individual resumes and cover letters for each job you apply to. HR professionals will be able to tell the difference between a personalised application and a generic one you send out to multiple jobs.
If you want to save time on personalising each job application, then try using a CV builder or cover letter builder tool. These tools can help you craft great CV and cover letters to use for your next job application in a matter of minutes.
Each demographic will face different hiring prospects. According to Statista, the hiring statistics for each demographic are as follows:
● Boomers: 36.9%
● Gen X: 80% and up
● Millennials: 75% and up
● Gen Z: 45.9%
Hiring managers are extremely busy individuals. Not only do they have to process your job application, but also the applications of dozens of others for various other job postings. Because of this, you can expect the recruitment process for a single position to end anywhere between a week to a month and a half.
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