Friday, October 18, 2024

Abstract Sunday: Difficulty 561

Right here’s the factor about job search recommendation. The reply at all times is – it relies upon.

There may be extra competitors within the job market total… however possibly not in all industries. As a job seeker, it’s as much as you to remain up-to-date on developments and take essentially the most applicable actions for you.

Summary Sunday Issue 561

On this week’s abstract, you’ll discover a little bit of analysis and data that will help you perceive among the refined nuances of job search:

  • Job Search Depth Globally
  • How do staff really feel about their jobs
  • Gaps on resumes matter (nonetheless)
  • Job search myths debunked
  • Be a responsive job seeker
  • How ATS actually work
  • Simply write a LinkedIn publish with this
  • LinkedIn pods and feedback are okay?
  • Noncompetes nonetheless legitimate

Comply with the folks and sources under for present job search info.

JOB MARKET

Job search heats up as staff combat off summer time blues | LinkedIn’s Financial Graph

This evaluation based mostly on LinkedIn information seems at who’s job looking out extra intensely (in comparison with January of this yr).

And to outline what job search depth means: The Job Seeker Depth Index measures the common variety of purposes made per applicant on LinkedIn. A rise within the common variety of purposes per applicant signifies extra intense job searching for. 

  • Within the US, the highest depth job seekers are these searching for jobs in Monetary Providers.
  • Globally, Gen Y (Millenials) are looking out essentially the most intensely.
  • US job search depth is decrease than 10 different international locations

SCE Labor Market Survey Reveals Sharp Improve in Job Seekers, Whereas Present Job Satisfaction Deteriorates | Federal Reserve Financial institution of New York

This analysis comes from the Survey of Shopper Expectations (SCE). It assesses customers’ experiences and expectations relating to the labor market. Each 4 months, roughly 1,000 SCE panelists are requested particulars about their present (or most up-to-date) job.

  • There was a serious enhance (28.4% from 19.4% in July 2023) in those that reported looking for a job up to now 4 weeks (the best degree since March 2014) NOTE: “The rise was most pronounced amongst respondents older than age 45, these with no school diploma, and people with an annual family earnings lower than $60,000.”
  • 19.4% of people reported receiving at the least one job supply up to now 4 months, primarily unchanged from July 2023. 
  • The speed of transitioning to a distinct employer elevated to 7.1% from 5.3% in July 2023 (the best studying for the reason that begin of the survey)
  • Satisfaction with wage compensation, nonwage advantages, and promotion alternatives at respondents’ present jobs all deteriorated relative to a yr in the past.

JOB SEARCH

Analysis: Resume Gaps Nonetheless Matter | Harvard Enterprise Overview

“By fastidiously finding out the information, one thing extra nuanced and grounded comes into focus. It isn’t that resume gaps are a profession demise sentence, neither is it the case that they’re irrelevant to profession outcomes. Circumstances matter, and the extent to which such gaps may be defined might in some instances mitigate unfavourable results, however not utterly.”

61% of respondents nonetheless thought-about resume gaps to be a unfavourable signal (late 2023). Reliability was the highest concern (29%), adopted by motivation (27%), retention threat (25%), and ability atrophy (19%).

Key takeaways:

  1. Resume gaps have a measurable unfavourable influence on compensation
  2. Resume gaps’ unfavourable influence accrues for youthful executives
  3. The influence additionally relies on the hiring agency
  4. The resume hole influence impacts women and men in another way

4 Job Search Myths that Can Wreck Your Job Search | Virginia Franco

There’s numerous conflicting recommendation about job search. It’s at all times necessary to think about the supply. Overview these debunked myths I’m positive you’ve seen throughout your job search.

An underrated facet of your job search: Being straightforward to come up with. | The Random Recruiter

When a recruiter has a option to make, he picks the individual he is aware of will reply shortly. Are you responsive? Undoubtedly learn the feedback on this one for extra perception.

The impression you allow with recruiters is necessary and lasting. I had one shopper who was nervous about interviews and rescheduled them – generally greater than as soon as. When my shopper tried to reschedule a second time, the corporate didn’t reply. Was this truthful for the corporate? Issues come up. However a recruiter has a job to fill and might transfer on to different candidates.

How an ATS Processes Your Resume | Kelli Hrivnak

ATS methods don’t routinely reject purposes. This publish is written by a recruiter who has used a number of completely different methods. She highlights among the confusion or misinterpretation of how ATSs work. (The feedback are stuffed with different recruiters supporting her info.)

LINKEDIN

A robust ChatGPT immediate that can enable you create LinkedIn posts | Jan Tegze

If in case you have each struggled to write down common posts on LinkedIn, right here’s one thing to strive. As at all times, keep in mind that you must learn and edit any and all output generated earlier than posting/sharing/utilizing.

LinkedIn Pods and Feedback Ignored by LinkedIn | Daniel Corridor

First a bit of again story on this. Daniel has been shining a light-weight on using pods on LinkedIn to extend a publish’s views and attain for the previous 2 years. In some instances, individuals are paying 1000’s of {dollars} to get additional promotion of their posts by means of pods. For those who have a look at Daniel’s posts, you will notice a few of these tales.

The publish is about how LinkedIn is saying that feedback by pod members are usually not in opposition to group pointers.

The rationale I share this with you is that will help you perceive that not all influencers or posts by LinkedIn specialists are real.

WORKPLACE

Choose Axes FTC Noncompete Ban: Employers’ Subsequent Strikes Defined | Bloomberg Legislation

Noncompete agreements are nonetheless legitimate. The FTC has estimated noncompetes cowl about 30 million folks, or one in 5 US staff.
” The US Chamber of Commerce cheered the court docket choice as a win for employers’ potential to guard their aggressive benefits, together with commerce secrets and techniques. The FTC mentioned the ruling is a loss for staff’ profession mobility and that the fee is severely contemplating an attraction.”

JOB SEARCH VISUAL

Community Higher

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