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MARCH 18, 2024

Changes in employee demands are just as likely to impact the job market, and it’s leading organizations to rethink how they approach the hiring process. These unique changes in the labor market were highlighted by iHire in its recent survey of 1,327 job seekers spanning 57 industries. “As According to iHire, 10.4%

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SEPTEMBER 8, 2023

s economic future, which is contributing to a reduction in hiring rates, according to Reuters. This downturn in the hiring of permanent staff was the most dramatic since the early days of the COVID-19 pandemic, in June 2020. Recent surveys indicate that employers anticipate a wage hike of 5% in the upcoming year, according to Reuters.

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OCTOBER 31, 2023

Recent data shows how U.K. chief technology and information officers, from June to September. The dip in hiring seems to be a direct response to the change in work environments. As companies transition from remote work to in-office or hybrid models, there appears to be a negative bias toward hiring fewer women.

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OCTOBER 30, 2023

TopInterview recently conducted a survey revealing the greatest fears job candidates experience after an interview. The primary concern is being “ghosted” by recruiters or hiring managers, with 57% of respondents reporting that they had been left without communication after an interview.

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DECEMBER 11, 2023

Blue-collar jobs are experiencing a period of substantial growth in hiring, opportunities, and pay increases – outpacing some of their white-collar counterparts as the United States’ job market begins to cool down. These trends were analyzed in a recent NBC News article , which cites 2023 data from the St.

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AUGUST 9, 2023

What’s going on: A recent survey by The Harris Poll, commissioned by Express Employment Professionals, indicates that 80% of U.S. companies are positive about the hiring landscape through the end of 2023, according to PR Newswire. s resilient economy and business confidence levels.

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MARCH 22, 2024

Never hearing back from a company after an interview—aka: being ghosted after the interview—is exceptionally frustrating and experienced by more than 75% of job seekers, according to a recent Greenhouse survey. Did hiring managers forget their manners? Why do companies ghost you after an interview?

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JANUARY 9, 2023

Recently, Indeed and Glassdoor came out with their 2023 Hiring & Workplace Trends Report — which highlights the current labor market trends as well as insights into the future of work. . Tight labor supply will continue to impact hiring. Here are the five trends: . Remote work isn’t going away.

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MARCH 19, 2024

The university-level Class of 2024 is reportedly facing a slight decrease in employer hiring rates on top of increased competition from peers and experienced professionals alike. The decrease is cited as an unconventional drop when compared to the hiring trends seen in previous years.

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NOVEMBER 20, 2023

Recent college graduates are facing higher unemployment rates compared to the general population. Traditionally, a college degree was seen as almost a guarantee for employment opportunities. Conversely, sectors like technology and finance, which are more attractive to graduates, are experiencing hiring slowdowns and layoffs.

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JANUARY 23, 2024

During this short time period, the city has a law requiring companies to disclose how algorithms affect hiring decisions. According to a recent report published by The Wall Street Journal , the pioneering AI-related regulation, also known as Local Law 144 , targets the use of AI and automated tools in recruitment and promotion processes.

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MAY 26, 2023

What’s going on: New York City is set to begin enforcing new AI hiring regulations on July 5. The city’s goal is to address the concerns of potential bias and discrimination in the hiring and promoting process, according to The New York Times.

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JANUARY 26, 2024

According to a recent article published by CNBC , there is a rising number of American workers being hired by international companies. Canada, France, Singapore, and Australia are the top countries hiring U.S. The hiring trend reflects the growing demands for flexibility from workers in the U.S.,

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MARCH 6, 2023

How it’ll impact the future: This recent development shows that the economy might be recovering, and that the job market is extremely healthy. Restaurants, bars, and hotels have emerged as some of the fastest-growing employers, reaffirming the sector’s strength and vitality.

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JULY 20, 2023

The report also states that 65% of recent college students said they’re eager for training on working alongside AI. The shift towards skills-based hiring might redefine traditional pathways into the jobs that may have traditionally required a college degree — making experience and other skills more valuable than a traditional college track.

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MARCH 12, 2024

A recent report published by FlexOS titled “The World’s 40 Most Popular HR AI Tools,” revealed that the top HR platforms utilizing AI are attracting a staggering 16 million monthly visitors and are collectively valued at $12.2 However, the influence of AI in HR extends beyond recruitment.

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AUGUST 7, 2023

The survey included responses from 1,243 business leaders, revealing that 40% consider recent graduates unprepared for the work environment, with 94% of this group admitting to sometimes or always avoiding hiring them.

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JANUARY 20, 2023

To match and fuel that growth, we hired for a different economic reality than the one we face today,” Pichai said in the memo to employees. “I am confident about the huge opportunity in front of us thanks to the strength of our mission, the value of our products and services, and our early investments in AI.

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JULY 18, 2022

In just the last several weeks, companies as large as Meta have announced that they have either slowed their hiring down or are moving forward with layoffs due to decreased earnings and in preparation for an economic downturn. . It’s not a great time for tech in general,” said Paul Verna, analyst at market analysis firm Insider Intelligence.

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JANUARY 26, 2023

Tech layoffs have gripped headlines in recent months, causing professionals to question whether they would be next. While seeing reports of layoffs in the thousands is certainly unnerving, they often overlook exactly why employers are taking this route after going on record-level hiring sprees.

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APRIL 7, 2023

Internal Revenue Service (IRS) is gearing up for a massive investment of $80 billion over the next two years to hire nearly 20,000 new employees, deploy cutting-edge technology, and revamp tax enforcement and customer service. With the recently passed Inflation Reduction Act, the IRS is allocating $8.64

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JUNE 3, 2022

In recent months, corporations like Meta and Twitter have announced that they are holding off their hiring efforts across various sectors. . While vaccines and virus-related restrictions being loosened have helped accelerate job growth, some industries are dealing with a sense of déjà vu due to hiring freezes. .

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JANUARY 31, 2024

Other sectors gained jobs at lower rates than recently. annual increase in wages — as more employers adjust wages for inflation. “Progress on inflation has brightened the economic picture despite a slowdown in hiring and pay,” said Chief Economist of ADP Nela Richardson in its January report. The findings also show a 5.2%

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AUGUST 16, 2022

After a spike in hiring from the world’s largest companies, the same businesses are now slashing their headcount in an effort to cut costs. . In the months following widespread Covid-19 vaccine adoption, businesses ramped up their hiring efforts to meet skyrocketing consumer demand. More than 37,000 tech workers in the U.S.

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FEBRUARY 23, 2024

According to the report, “Facing decelerating revenue growth, many tech companies ramped up layoffs last year, continuing to adjust their workforces after aggressive hiring in prior years. companies, only behind Microsoft and Apple, according to a recent report published by The Wall Street Journal.

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JANUARY 4, 2023

Salesforce was one of many tech companies that thrived during the onset of the pandemic as more businesses relied on cloud-based services, leading the firm to go on a major hiring spree. Just weeks ago, a Slack message from Benioff suggested that new hires were less productive , citing a loss in company culture.

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OCTOBER 27, 2023

The integration of AI technology and automation tools into the hiring process is an approach to talent acquisition that might be contributing to age discrimination in the workforce. As the workforce evolves and adopts new strategies for recruitment, it is clear that automated hiring is set to become even more prevalent in the coming years.

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JULY 13, 2022

In another blow to potential job growth, Google CEO Sundar Pichai sent an email that confirms the company will slow its hiring down. . This news comes as the global economy braces for an incoming recession, which has forced many tech giants to either freeze their hiring efforts or even conduct layoffs. .

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JUNE 9, 2023

However, the recent job cuts at Reddit and other tech companies are a complete 180-degree turn. This could impact the job market for tech professionals and alter the dynamics of hiring. This could lead to a more selective hiring process and potentially higher qualifications required for new hires.

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MAY 5, 2022

Meta will slow down its hiring following its falling revenue growth and other recent roadblocks. . According to a person familiar with the slowdown, Meta plans to halt or reduce hiring for mid-level and senior-level roles after pausing entry-level engineer positions recently. .

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JULY 31, 2023

What’s going on: A recent survey conducted by Robert Half revealed that nearly half of the workforce (49%) is actively looking for a new job or planning to start a job search by the end of the year. Employers will likely need to become more flexible, offering competitive pay, benefits, and remote/hybrid work options.

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DECEMBER 10, 2023

In many ways, freelancers are easier to hire, manage, and let go than full-time employees. The co-founder and CEO of SparkToro , who previously co-founded Moz, gives consultants an edge over agencies and full-time employees in a recent blog post. The company hired four agencies and five consultants in its first two years.

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JANUARY 5, 2024

A recent study finds that Gen Z and millennials are more likely to get their career advice from TikTok than a mentor, with one in five making career decisions based on advice from TikTok creators. “Be Too often the advice on social media is only from the perspective of someone who was recently hired, not from a recruiter or hiring manager.

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DECEMBER 20, 2023

Research shows that while the return-to-office push is cooling down, new hires are more likely to work in person. According to data published by Perceptyx , an employee listening and manager effectiveness platform, the overall proportion of employees working on-site has not changed substantially in the past two years.

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JANUARY 3, 2023

Big Tech layoffs swept through the industry at an unprecedented rate last year, but recently-fired professionals are using this opportunity to find the good in the bad. . When Nic Szerman became part of Meta’s 13% job cut just two months after being hired, he wasted no time looking for his next career move.

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AUGUST 14, 2023

Be aware, job seekers: anything you post publicly can be seen by a potential or current employer, who may even use it to make hiring decisions. 74% of hiring managers say they use social media to screen candidates. If an employer uses this information to influence their hiring decision, they could be liable for discrimination.

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MAY 10, 2023

Hiring challenges are affecting businesses’ ability to operate at full capacity, with 61% of CEOs expressing concern over this issue. A recent Monster job site survey reveals that 26% of U.S. workers prefer undergoing a root canal procedure to spending five days a week in their offices.

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