EP128: Why Your NOT Getting Hired! 5 Ways to Get Seen & HIred in Less Than 90 DAYS

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

Percentage of People Hired by Applying to Jobs: Around 40-50% of hires come from direct applications through job postings

Percentage of Jobs Posted with Applicants Reviewed: Approximately 60-70% of job postings receive applicant reviews

Percentage of Jobs Filled via Networking: 70-80% of jobs are filled through networking, referrals, and internal hires

Average Number of Applicants per Job Posting:

Average Number of Applicants Reviewed

2019: About 20-30 applicants reviewed per posting SHRM, May 2023

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

2024: Extended to 45-60 days due to higher application volumes Jobvite, February 2024

Percentage of Job Seekers (Employed vs. Unemployed)

2019: Employed: 70% :Bureau of Labor Statistics, December 2019

Unemployed: 30% Bureau of Labor Statistics, December 2019

 2024:Employed: 60% Jobvite, February 2024

Unemployed: 40% Jobvite, February 2024

https://www.jobvite.com/2024-job-seeker-nation-report

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

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

Networking Plan Outline for Job Seekers

1. Identify Target Companies and Roles

• 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.

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

Active Participation

• Join and actively participate in LinkedIn groups relevant to your industry. Share insights and comment on discussions to increase your visibility
  

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

• 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!

Keywords

#JobSearch #CareerAdvice #Networking #LinkedInTips #ResumeWriting #ApplicantTrackingSystem #JobMarketTrends #CareerCoaching #Millennials #ProfessionalDevelopment