Thursday, September 19, 2024
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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 general… however perhaps not in all industries. As a job seeker, it’s as much as you to remain up-to-date on tendencies and take probably 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 can assist 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

Observe the folks and assets 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 knowledge seems to be at who’s job looking extra intensely (in comparison with January of this yr).

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

  • Within the US, the highest depth job seekers are these looking for jobs in Monetary Companies.
  • Globally, Gen Y (Millenials) are looking probably the most intensely.
  • US job search depth is decrease than 10 different nations

SCE Labor Market Survey Exhibits 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 trying to find a job previously 4 weeks (the very best stage since March 2014) NOTE: “The rise was most pronounced amongst respondents older than age 45, these with no faculty diploma, and people with an annual family revenue lower than $60,000.”
  • 19.4% of people reported receiving not less than one job provide previously 4 months, basically unchanged from July 2023. 
  • The speed of transitioning to a special employer elevated to 7.1% from 5.3% in July 2023 (the very 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 Assessment

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

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

Key takeaways:

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

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

There’s a variety of conflicting recommendation about job search. It’s at all times essential to think about the supply. Assessment these debunked myths I’m positive you’ve seen throughout your job search.

An underrated side 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 permit with recruiters is essential and lasting. I had one consumer who was nervous about interviews and rescheduled them – generally greater than as soon as. When my consumer tried to reschedule a second time, the corporate didn’t reply. Was this honest 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 programs don’t mechanically reject functions. This publish is written by a recruiter who has used a number of completely different programs. She highlights among the confusion or misinterpretation of how ATSs work. (The feedback are crammed with different recruiters supporting her info.)

LINKEDIN

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

In case you have each struggled to put in writing common posts on LinkedIn, right here’s one thing to attempt. As at all times, do not forget that it is best to 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 again story on this. Daniel has been shining a light-weight on the usage of pods on LinkedIn to extend a publish’s views and attain for the previous 2 years. In some instances, individuals are paying hundreds of {dollars} to get additional promotion of their posts via pods. In the event you take a look at Daniel’s posts, you will note a few of these tales.

The publish is about how LinkedIn is saying that feedback by pod members should not towards neighborhood pointers.

The explanation I share this with you is that can assist you perceive that not all influencers or posts by LinkedIn consultants are real.

WORKPLACE

Decide Axes FTC Noncompete Ban: Employers’ Subsequent Strikes Defined | Bloomberg Regulation

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’ skill to guard their aggressive benefits, together with commerce secrets and techniques. The FTC stated the ruling is a loss for staff’ profession mobility and that the fee is severely contemplating an enchantment.”

JOB SEARCH VISUAL

Community Higher

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