The government offered fresh data in January, showing that the job market is gradually improving. But there still aren’t enough jobs to go around. Even as hiring picked up in November, the number of job openings declined, according to the Labor Departments’ monthly Job Openings and Labor Turnover Survey.
But why have job openings declined when there are a large number of people looking for work (13 million at the last count), many of whom are highly qualified and raring to go? Are employers just “saying” they can’t find qualified candidates or are they playing the waiting game?
“As the job-seekers ratio shows, what’s happening is not that millions of workers have become lazy, unskilled, or unproductive; it is that there are not enough jobs available,” said Heidi Shierholz, an economist at the Economic Policy Institute.
Has the nation’s high unemployment rate left many companies feeling they don’t have to look very hard to find the perfect candidate and can provide less money or benefits? Now that the job market is gradually improving, companies are getting pickier and are raising the bar for candidates. When you don’t have an urgent need to hire, why not take your time until you find the perfect candidate?
In some areas, maybe there is a legitimate shortage of skilled talent? In the past, some firms have invested in their workers’ skills but now that people have to pay their own way, they can’t afford this level of training.
Also, the survey showed an uptick in the number of people who quit their jobs, which is often seen as a sign that workers are more confident about their job prospects with a new employer.
Wouldn’t it be great if this picture reversed?:
Looked like this:
As An Employer, What Are My Options?
If you DO have a job opening, where do you start looking for a candidate to be the perfect fit?
- Post an Ad: Receive hundreds or thousands of resumes and many are unqualified, leaving you in the same position as when you started your search.
- Go through past resumes still on file
- Ask current employees if they know anyone
- When you are driving home, open your window and shout at strangers
Okay, that last one was a joke but you get the picture. It takes a lot of time and is not an easy thing to accomplish.
Use a Professional
Alternatively, as an employer, you could submit your job to us then let us take care of finding the candidate. As professional Chicago sales recruiters, we have developed a system to:
- Begin each new client partnership with a strategic vision meeting to review needs
- Develop a tactical plan
- Research our database
- Source and search
- Interview and assess each candidate
- Shortlist candidate presentation
- Organize candidate interviews
- Carry out reference checks
- Negotiate the offer
Once you’ve selected the right candidate, we will begin the offer process, helping mediate salary and other compensation, start date and benefits. Our consultants also help the candidate follow through on resigning and dealing with counteroffers. We maintain close contact with the candidates to work through this stressful period in order to prevent the falloff of candidates who have received an offer from you.
Even after the candidate has commenced his or her new role, we will maintain communication to ensure that both you and the candidate are satisfied with your decision.
Ready to focus on helping your business grow rather than hoping for the right candidate to show up? Send us your job opening…