Last month we released our definitive guide to the science of the job search, which offered a comprehensive analysis about the job search landscape in 2018. With a wealth of information and data to help you put your best foot forward in terms of your job search, we also recognize that no two years (or job searches) are alike which brings us to…
Surprise! This year is different
There are tons of variables when searching for a new job — individual requirements, experience level, age, application processes, the list goes on. What may have been a straightforward process in the past is now full of nuances and surprises. What’s more is the increasing feeling that searching for a job is a part-time job in and of itself. While we like to think our research gives us a good idea of what to expect, we wanted to talk to the people who are going through the process right now to find out, more specifically, what’s different this time around. What makes 2019 different?
This time last year I was overconfident and a bit egotistical about my job search. I took a semi-passive approach – assuming they would contact me. However after a few months I realized my resume needed work, my cover letter (if I even had one) needed updating, and I needed to keep my resume updated as often as I update my Facebook status…— Patrick D., Sales Manager
To put it simply: Even if you’ve done this before, don’t expect the search to be the same.
More jobs are available
Despite some challenges in the market, the fact is there’s a pretty significant increase in jobs available now than in previous years — over 200% in certain industries. The folks we surveyed reported wide-ranging observations of the increase of job availability specific to their situation — with job seekers increasing their experience and different fields growing, there are an influx of jobs available; there are even more options for both employees and employers, making for a difficult decision making process.
We talked to folks in all different stages of their careers, from recent college graduates to seasoned professionals. It’s only a few weeks into the New Year, but some common themes emerged. To start, 60% of people starting the job search in 2019 are still employed. We know from experience that people who showed they were currently employed (even if creatively) saw a +149% hireability boost.
More does not necessarily equate to an easier search —
“There are more jobs available, but the market is more competitive in the new city I’ve relocated to.”— Travis S., Content Creator
60% also expect their current search to take longer than previous search. Why do people expect this search to take longer than previous ones? Well, for starters, 23% of that 60% have already been at it for a long time. In some cases, responders reported having been in full-fledged job search mode for 7-8 months. One user even stated they have been at it since November 2017.
We know people are looking, but what exactly do they want?
A whopping 70% are looking because they want a higher salary.
“In the last 10 years, total compensation for 90th percentile income earners went up by 26% compared to a 21% increase for 10th percentile income earners — but the real gap was in benefits, where the value of benefits for 90th percentile earners went up 37% compared to a mere 15% increase for 10th percentile earners.”— The 2019 Job Search Landscape
It’s not surprising a higher salary is at the forefront of many job searches. As experience is gained, worth increases. Not to mention the cost of living is skyrocketing across the United States. The statistic above may not sound promising, but there are some things we can recommend.
- Don’t sell yourself short: apply for those “stretch” jobs even if you’re entry-level and the posting asks for 3 years of experience or you only meet 50% of the requirements.
- Once you do get an offer, don’t forget to negotiate. 73% of employers are willing to negotiate salary, but 55% of workers don’t ask.
- Don’t just negotiate, get creative with it. If they can’t budge on salary, you may be able to get a better title, more vacation time, or a more flexible working arrangement.
What should job seekers expect?
The general blueprint of a job search is more or less predictable — from polishing your resumé and crafting the perfect cover letter, to filling out as many applications as you can (which we aim to streamline to save you time for the other surprises), to preparing for an interview and waiting, for what seems like an eternity, for a callback…
That doesn’t mean the 2019 search will be the same as years prior, though. over 90 % of our survey respondents said the job search feels inexplicably different this time around. But why?
Search criteria has changed
Gone are the days of staying in the same career from graduation to retirement. The minimum amount of time necessary to “build” one’s resume at a particular job are decreasing. Interests, requirements, and general life circumstances all contribute to the changing climate of the search.
“I will finish my Bachelor’s in a few months and am looking for a career in my chosen field rather than part-time work I have looked for in the past.”— PJ D., Software Engineer
Entry-level jobs require more experience
How in the world are you supposed to build your resumé if your first career in the job force requires 3+ years of experience? We tackled this subject last Spring, but the experience paradox is still weighing on people’s minds. “[It seems] more and more entry-level positions are requiring professional experience in my field.” One TalentWorks user indicated the perils of not being able to start their search in a new career field because they were not qualified to even begin the application process until they completed the necessary certifications.
What can you do about this?
- Apply for Jobs Within ±2 Years of Your Experience — You miss 100% of the shots you don’t take. From what we see, if you’re within ±2 years of required experience, hiring managers will often consider you “close enough.”
- Use Freelance Jobs To Build Your Experience —Not only will you get paid, you’ll also have far higher chances getting your second job (everyone else’s first job).
The application process is different, and so are employer expectations
Respondents reported companies wanting more for less (in addition to experience), such as more skills for less pay. That’s clearly not ideal — you deserve what you’re worth! Moreover, the application process can feel like one giant black-hole. Everything is automated and there’s no opportunity for personal touch, which can feel pretty discouraging.
With an influx of recruiters, the same positions are being submitted over and over again. The result? Companies are overwhelmed with the same applicants being submitted by different recruiters and agencies.
Want to cheat the system? Our AI-driven system saves you time, energy, and ensures you’re getting out a record number of applications. We even optimize the time and day of your application so it doesn’t fall into the blackhole.
We know, it’s easier said than done. While we have a wealth of data available about the specifics of the job search, there’s a very human element that cannot be distilled in a set of numbers.
As people move through their career, pursue further education, explore the world of entrepreneurship, and experience the unpredictability of life in general, expectations for a new job can change, and may need to change due to life circumstances.
“For better or for worse, I’m focused on a few narrow, but related fields, rather than general fields.”— Tracy B., Operations Leader
“I don’t know where I fit. I have loads of specialist skills. I’ve had similar jobs to what I’m looking for, but interviews demand much more and things change so quickly in my field…” — Amanda L., Digital Content
Expectations from employers are moving targets that can take anyone by surprise, but don’t let the fluidity knock you out of your element. Be humble; remain confident.
Take the surprise in stride
Even when you think you might know, you might not really know…surprises in the job search don’t have to mean completely recalibrating everything you once felt comfortable with in the search. It does mean, though, utilizing different tools to help you be successful, and staying positive — no matter what variables are present in the current job search climate.
Not prepared to go at it alone? We’ve got your back. Let us take care of the most consuming parts of the job search for you.
- Increase of jobs available in certain industries (source: ECONOMIC TRENDS: REFLECTIONS ON 2018, PREDICTIONS FOR 2019)