Extra! Extra! Read all about it. The annual Job Seeker Nation report is in, and it gives an in-depth look at job seekers’ preferences and behaviors both pre- and post-COVID-19.
In recent years, low unemployment rates kept job seekers firmly in the driver’s seat of the US labor market. A scarcity of available workers meant candidates often had their choice of roles when it came time for a professional change.
But the COVID-19 crisis caused a sudden and dramatic shift in this balance. Since mid-March, the US has seen more than 30 million new unemployment claims, and some experts predict the unemployment rate may top 20% by the end of 2020.
Not long ago, job seekers held all the cards in the recruiting and employment market. However, the current economic climate has changed everything — for job seekers and employers alike. What’s more, this instability is likely to continue for the foreseeable future.
Talent professionals are facing immense pressure to do more with less. As a result, they’re re-evaluating almost every aspect of the hiring process. In order to effectively attract and recruit the best talent amid these challenges, they need insights into the mind of today’s job seeker.
Earlier this week, Jobvite’s Jeff Rohrs and Kerry Gilliam joined Kevin Grossman of Talent Board to host a webinar on this topic. These just a few of the key takeaways from this session.