August 30, 2021
Not getting the people you want in your pipeline? Head towards changing your job descriptions
The job market in the US is still recovering from the pandemic. After hitting a record-high unemployment rate of 15% in 2020, the market is heading back towards the pre-pandemic level of 3%. As of March, 2021, unemployment was at 6%, still double what it was pre-pandemic. Why these statistics are important to you right now is that if you're a company hiring, and remember how hard it was to fill a job with the right person before the pandemic hit, you would think that it's a company's market right now, but it's actually the opposite. Most of the 6% are less qualified candidates for the jobs you are most likely trying to fill. When the pandemic hit, everyone cinched their belts and stayed exactly where they were. According to LinkedIn, 70% of the workforce is gainfully employed and not actively job seeking, yet 87% are open to better opportunities. And as you see the number of applications for your positions swell, most likely it will be with people who aren't the right fit for your jobs. And that's where looking at retooling your job descriptions comes into play...