According to recent data, 48% of employed adults in the U.S. will be searching for a new job by next year. This only shows that the market is moving toward being more candidate-driven, urging employers to also be more proactive in both attracting and retaining top talent.
This market is a dream for job seekers as there are millions of unfilled positions across diverse industries and geographies. In fact, 40% of working adults revealed that they would willingly switch careers and enter a new field, industry, or position. Essentially, the job market will become free-flowing as workers enter and exit various industries and fields.
As more and more applicants join this competitive market, businesses' recruitment strategies to uncover the perfect candidate will greatly be affected. Because open positions are plenty, potential candidates have more power to choose whichever job they feel best fits their criteria, resulting in new levels of competition for employers.
Despite the job market being a perfect environment for job seekers, many still don't believe they'll land their ideal job soon: 44% of working adults fear that they'll never uncover their dream job. This fear even trickles down to students who'll be entering the working class. Nearly seven out of 10 students worry that they won't find a job that will develop their strengths. However, employers can leverage these feelings by marketing their open positions in unique ways to attract applicants. By spicing up job listings and highlighting what the open roles can do for applicants in terms of talent development, employers can still set themselves apart from competitors.
In today's candidate-driven landscape, it can be challenging to discern the best, most effective ways to hire top talent. Infinity Consulting Solutions (ICS) is dedicated to helping companies attract and discover candidates who'll grow with them and conquer new possibilities. Contact ICS by clicking the link below and let us ease your talent search today!