EP128: Why Your NOT Getting Hired! 5 Ways to Get Seen & HIred in Less Than 90 DAYSJoin host Jose Miguel Longo in this insightful episode of Coaching for Millennials as he delves into the pressing issue of why job seekers are struggling to secure interviews. With extensive research and a wealth of experience, Jose breaks down the current job market trends and offers actionable strategies to help you stand out among the sea of applicants.
Takeaways
- Understand the major shifts in the job market from 2019 to 2024...
EP128: Why Your NOT Getting Hired! 5 Ways to Get Seen & HIred in Less Than 90 DAYS
Join host Jose Miguel Longo in this insightful episode of Coaching for Millennials as he delves into the pressing issue of why job seekers are struggling to secure interviews. With extensive research and a wealth of experience, Jose breaks down the current job market trends and offers actionable strategies to help you stand out among the sea of applicants.
Takeaways
- Understand the major shifts in the job market from 2019 to 2024 and how they impact your job search.
- Learn why tailoring your resume to the job description is crucial for passing through applicant tracking systems.
- Discover the importance of networking, with 70-80% of jobs being filled through connections.
- Get practical tips on building a strong LinkedIn profile, engaging in meaningful conversations, and requesting informational interviews.
- Explore strategies for adapting to the new job market, including flexibility, skill development, and personal branding.
Resources Summary & Websites
Hiring through Applications vs. Networking
Percentage of People Hired by Applying to Jobs: Around 40-50% of hires come from direct applications through job postings
Jobvite, February 2024: https://www.jobvite.com/2024-job-seeker-nation-report.
Percentage of Jobs Posted with Applicants Reviewed: Approximately 60-70% of job postings receive applicant reviews
LinkedIn Economic Graph, April 2023: https://economicgraph.linkedin.com/blog/the-most-in-demand-jobs-right-now
Percentage of Jobs Filled via Networking: 70-80% of jobs are filled through networking, referrals, and internal hires
Forbes, June 2023: https://www.forbes.com/sites/forbescoachescouncil/2023/06/10/networking-tips-to-land-your-next-job/
Comparison of Job Posting and Application Statistics: Today vs. 2019
Average Number of Applicants per Job Posting:
2019: Approximately 50-100 applicants Glassdoor, December 2019 https://www.glassdoor.com/research/job-search-statistics-2019
2024: Over 200 applicants due to increased job search activity
Indeed, March 2024: https://www.indeed.com/impact-of-job-applications-2024
Average Number of Applicants Reviewed
2019: About 20-30 applicants reviewed per posting SHRM, May 2023
https://www.shrm.org/resourcesandtools/hr-topics/talent-acquisition/pages/recruiting-statistics.aspx
2024: About 50-60 applicants reviewed per posting LinkedIn, January 2024 https://www.linkedin.com/pulse/job-search-trends-2024-linkedin
Average Time to Fill a Role:
2019: Around 30-45 days: SHRM, December 2019
https://www.shrm.org/resourcesandtools/hr-topics/talent-acquisition/pages/average-time-to-fill-position.aspx
2024: Extended to 45-60 days due to higher application volumes Jobvite, February 2024
https://www.jobvite.com/recruiting-metrics-and-benchmark-report-2024
Percentage of Job Seekers (Employed vs. Unemployed)
2019: Employed: 70% :Bureau of Labor Statistics, December 2019
https://www.bls.gov/news.release/empsit.nr0.htm
Unemployed: 30% Bureau of Labor Statistics, December 2019
https://www.bls.gov/news.release/empsit.nr0.htm
2024:Employed: 60% Jobvite, February 2024
https://www.jobvite.com/2024-job-seeker-nation-report
Unemployed: 40% Jobvite, February 2024
https://www.jobvite.com/2024-job-seeker-nation-report
Percentage of Open Jobs by Major Industries:
Technology, Healthcare, Finance, Retail, and Manufacturing are major industries with significant job postings both in 2019 and today, but the exact percentage distribution has shifted slightly, with an increase in healthcare and tech postings due to the pandemic and digital transformation LinkedIn Economic Graph, April 2023
https://economicgraph.linkedin.com/blog/industry-hiring-trends
Need Support & Assistance to Get You Connected & Hired?
Check out my Career Coaching Packages on my website!
Have two packages that can help you get on your way. Checkout "The Career Toolkit Package" & "The Job Search Pivot Package"
Jose Miguel Longo’s Website: https://beacons.ai/coachingformillennials
Chapters
00:00 This is coaching for millennials, and we're about to make some magic happen
01:59 Why so many people in today's job search market are not getting hired
03:24 The current job market is going through some major changes compared to 2019
07:36 The average time to fill for a position was 30 to 40 days in 2019
12:18 Percentage of job seekers who are employed versus unemployed compared to 2019 and 2024
15:14 Building a strong LinkedIn profile can help you stand out beyond the application process
23:25 Post regularly about industry trends, your professional expertise
24:02 Next point is to request informational interviews during your job search
26:53 You want to be open to contract or freelance work as it can lead to permanent opportunities
29:31 70% to 80% of applicants getting hired are getting hired by networking
Call to Action
Action Steps
Start mapping out your networking plan today. Update your LinkedIn profile, connect with industry professionals, and join relevant groups
Resources and Support
Check out LinkedIn Learning for skill development courses. Share your networking experiences and success stories with us.
Engagement
Follow our podcast for more job search tips and insights. Share this episode with anyone who might benefit from these strategies.
Networking Plan Outline for Job Seekers
1. Identify Target Companies and Roles
Research Strategies
- Use LinkedIn and Glassdoor to gather insights on companies. Follow them on social media to stay updated on job openings and company news
Setting Clear Goals
Create a list of top 10 target companies. Research their mission, values, and key personnel to tailor your networking efforts.
2. Leverage LinkedIn for Connections
Building a Strong Profile
- Ensure your LinkedIn profile is complete. Use a professional photo, a compelling headline, and a detailed summary to showcase your skills and achievements
Connecting with Industry Professionals
When sending connection requests, personalize your message. Mention a common interest or mutual connection to increase the likelihood of acceptance
3. Engage in Meaningful Conversations
Active Participation
- Join and actively participate in LinkedIn groups relevant to your industry. Share insights and comment on discussions to increase your visibility
Content Sharing
- Post regularly about industry trends and your professional experiences. This can help you stand out as a thought leader in your field
4.Request Informational Interviews
Approaching Contacts
- Reach out to professionals for informational interviews. Explain your interest in their role and company, and prepare thoughtful questions
Preparation and Follow-Up
- After the interview, send a thank-you note and keep the connection alive by sharing relevant articles or updates
5. Follow Up and Stay Connected
Regular Communication
- Maintain regular contact with your connections by engaging with their posts and sharing industry news. This keeps you on their radar for potential opportunities
Long-Term Relationship Building
- Attend industry events and webinars to expand your network. For instance, attending a webinar hosted by your target company can provide valuable insights and networking opportunities
Follow the podcast for more valuable insights and reach out with any questions or topics you want to hear about next. Let’s turn your career dreams into reality!
For personalized coaching and job search support, visit Jose Miguel Longo’s website and explore the Job Search Pivot package.
Keywords
#JobSearch #CareerAdvice #Networking #LinkedInTips #ResumeWriting #ApplicantTrackingSystem #JobMarketTrends #CareerCoaching #Millennials #ProfessionalDevelopment
