75+ Job-Search Statistics You Have to Know
The way companies hire is always changing.
It seems like yesterday when LinkedIn was introduced. Now everyone is asking for endorsements.
2019 was especially interesting for job-search statistics:
There are currently more openings available than people who can fill them.
This turnover majorly impacts the entire job market.
And it’s only one of the many interesting statistics for the year.
In this article, we’re going to cover the most important and relevant statistics for 2019.
Read on to learn more about:
- The current market job situation
- The most common recruiting trends
- The importance of social media in job-search
- The most in-demand jobs for 2019
- Top skills recruiters are looking for
- What’s the typical hiring process in 2019
- Diversity in the workplace
What is the General Job Market Situation?
Generally, things are looking up for job seekers in the US today.
Check out these statistics to learn more:
Employment and Job Market
The national unemployment rate for 2019 is below 4%. The year started with an unemployment rate of 4% in January. In April and May, it dropped to 3.6%. The unemployment rate hasn’t been this low since 1969. Source: Bureau of Labor Statistics
There are 0.9 people per each job opening (since September of 2018). Meaning, organizations are struggling to find the right people. Source: Bureau of Labor Statistics
40% of recruiters plan to hire permanent workers in 2019. 4 in 10 employers are expected to or already have recruited full-time employees this year. Source: CareerBuilder
1 in 4 employees in the US was not looking for a job when they found their current job. Source: iCIMS
The average employee tenure for all occupations in the US is 4.2 years. For employees aged 55 to 64, the average tenure is 10.1 years. For younger employees (25 to 34), it is 2.8 years. Source: Bureau of Labor Statistics
4,000 jobs were lost in the retail sector in July of 2019. More and more jobs in retail are being automated. Source: Bureau of Labor Statistics
66% of US companies plan to expand in 2019. Corporate employers are optimistic this year, with 2 out of 3 reporting plans of growth in capital and expansion of the business. Source: GMAC
There was an overall increase in wages in 2019.
29% of employees were paid 5% or more in 2019, compared to 2018.
The average salary for U.S. workers in 2019 was $905 per week or $47,060 yearly for a 40-hour week.
25+ years old employees without a high school degree earned an average of $30,056 annually. Those who are high school graduates earned an average of $38,428 annually.
Workers who have at least one bachelor’s degree earned an average of $70,200. Those who have more advanced degrees (Master’s, MBA, Ph.D. or other) earned an average of $81,848.
Men aged 55 to 64 had the highest annual earnings at $61,048.
Whereas for women, earning peaked at the ages 35 - 44 at $47,996.
Source: Bureau of Labor Statistics, CareerBuilder
What are the Most Common Recruiting Trends?
45% of recruiters say they are unable to find employees with the required skills. Source: Manpower Group
54% of recruiters offer additional training and development to overcome talent shortages. If they can’t find candidates with the needed skills, they train them for the job. Source: Manpower Group
Only 27% of businesses disclose salary and wage rates publicly. Source: LinkedIn
Job applications increase by 34% when a video is included in the job posting requirements. Source: CareerBuilder
Since 2016, there has been a 78% increase for LinkedIn job posts that highlight work flexibility as a required trait. Source: LinkedIn
45% of employees find it harder to get a job this year, in comparison to last year. However, 20% say finding a job is easier in 2019 rather than 2018. Source: Jobvite
More than 73% of job seekers are only passively looking for a job. This means they’re not directly searching for a job but would consider it if an appropriate opportunity came. Source: Jobvite
80% of executives believe AI (Artifical Intelligence) can increase productivity and performance. AI is expected to replace 16% of positions in the upcoming 10 years. Source: LinkedIn’s Global Recruiting Trends Report
April, May, and June were the busiest hiring months for 2019. Source: Entelo
How Important is Social Media for job-search?
Just about 20 years ago, there was no social media.
Hard to imagine, right?
Now, it plays a huge part in both your day-to-day life, and career.
Here are 6+ statistics that show how important social media is to your job search:
By 2020, social media marketing will be the most demanded marketing skill. Source: CareerArc
73% of young adults from ages 18 to 34, found their last job through a social media website. Facebook is the number one site recruiters use to connect with candidates. Second on the list is LinkedIn, followed by Google and Twitter. Source: Aberdeen Group
84% of organizations use social media to recruit their employees. One-third of companies advertise on mobile to source candidates. Source: SHRM
70% of job applications get disqualified by applicant tracking systems without being read. This statistic emphasizes how important it is to tailor your resume to the job you’re applying for. Source: CareerArc
70% of employers turned down a job application because of the information they found on the candidate’s social network. The primary type of content that caused this rejection (at 40%) was provocative photographs. Other behavior recruiters responded negatively to are: drinking, doing drugs, discrimination, poor communication, lies about qualifications, etc. Source: CareerBuilder
60% of recruiters appreciate and give bonus points if a candidate’s social media shows engagement in local or national non-profits. Samples of written or design work were also viewed favorably. Source: Jobvite
1 in 3 job applicants has shared at least one negative review of a previous job or employer. 55% of job applicants who read a negative review of a job decided not to apply for the position. Meaning, company reputation IS really important for hiring the right talent. Source: CareerArc
What are the 8+ Most In-Demand Jobs?
What is the future workplace going to look like?
What jobs are and will continue to be high-demand?
According to CareerCast, here are the top 8 in-demand positions in 2019 and beyond:
1) Application Software Developer
Annual salary: $ 101,790
Growth outlook through 2024: 31%
2) Construction Worker
Annual salary: $34,350
Growth outlook through 2024: 12%
3) Home Health Aide
Annual salary: $23,210
Growth outlook through 2024: 47%
This job has the most expected growth out of all, yet it pays the least out of all in the list.
4) Medical Services Manager
Annual salary: $98,350
Growth outlook through 2024: 20%
5) Medical Technologist
Annual salary: $34,350
Growth outlook through 2024: 14%
6) Nursing Assistant
Annual salary: $27,520
Growth outlook through 2024: 11%
7) Personal Care Aide
Annual salary: $24,020
Growth outlook through 2024: 39%
8) Registered Nurse
Annual salary: $70,000
Growth outlook through 2024: 15%
The most in-demand industries according to CareerBuilder are:
- positions related to skilled labor: 25%
- positions related to data analysis: 21%
- positions related to digital marketing: 12%
- positions related to cybersecurity: 11%
- positions related to AI and machine learning: 10%
- positions related to healthy living: 10%
Region-wise, in the U.S.A, The Harris Poll says employers are hiring full-time job seeker in:
- The West: 44%
- The South: 42%
- The Northeast: 37%
- The Midwest: 35%
What Skills are Recruiters Looking For?
Hard skills are what get your foot in the door.
But in today’s market, soft skills are what gets you hired.
80% of professionals consider soft skills more important than hard skills to a company’s success.
92% of recruiters say that soft skills, including interpersonal skills, communication abilities, and critical thinking are crucial tools they look for in an applicant.
The top soft skills for employers are:
- Team-oriented (51%)
- Attention to detail (49%)
- Customer service (46%)
Source: The Harris Pool
68% of recruiters assess soft skills by picking on social cues during the interview.
For instance, if a candidate’s energetic, she’s a good collaborator.
But perceptions aren’t always accurate, they can even be unintentionally biased. 57% of professionals struggle to accurately evaluate soft skills.
Source: Job Vite
What’s the Typical Hiring Process in 2019
Do recruiters take a lot of time to evaluate an application?
How many get called in for an interview?
How long do you have to wait after sending a resume?
Read on to find out.
Content of the Application
An estimated 98% of companies use ATS (application tracking systems) or other hiring systems. Source: Jobscan
75% of recruiters can spot a lie on CV or Resume. Source: CareerBuilder
82% of professional employers view the candidates’ experience as very important. Source: CareerBuilder
59% of recruiters will reject a candidate’s CV if it has spelling or grammatical errors. Take the extra time to perfect your CV and proofread it at least twice. Source: myjobmag
Pro Tip: Grammarly is an online proofreading tool that acts as your personal editor. Give it a try!
There is a 60% chance you will get rejected if your CV has poor formatting. Use formatting that is easily read by Applicant Tracking Systems. Source: Ladders
Using concrete numbers increases your hiring chances by 40%. Back up your work experience, responsibilities, and achievements with numbers to maximize your chances of landing the job. Source: Talentworks
Adding industry keywords and power words increase your hiring chances by 29%. Source: Talentworks
43% of professionals say half a page is the perfect length for a cover letter. Source: undercoverrecruiter
No experience? Don’t worry! For 87% of recruiters, a four-year college degree makes you competitive for an entry-level position. Source: iCIMS
A corporate position receives an average of 250 resumes per position. Source: EBI
It takes a recruiter only six seconds to review and evaluate a resume. Source: The Ladders
The best time to follow up after submitting your resume is 1 to 2 weeks. Don’t email the recruiter more than twice. A lack of response means you should move on to another opportunity. Source: Accountemps
60% of job applicants are likely to drop an application process if it’s too long. Source: empxtrack
62% of job seekers say they prefer the application process to be completed within 2 weeks. Source: Clutch
The average time it takes to fill in a new position is 27 days. Source: empxtrack
67% of job-seekers say they have had a negative experience when applying for a job. 27% of them say they would discourage others from applying to the same company. Source: empxtrack
20,8% of employers say they struggle to meet rising candidate demands. Source: empxtrack
Only an average of 2% of candidates is called for an interview. Source: EBI
The average job interview is 45 minutes long. Source: livecareer
33% of HR Managers know whether they should hire a candidate in the first 90 seconds of the interview. Source: undercoverrecruiter
67% of HR Managers say not making eye contact is a common nonverbal mistake. Source: undercoverrecruiter
The most likely question to be asked in an interview is: “Tell me about yourself”. Source: undercoverrecruiter
61% of employees say that the actual job differs from the expectations set during the interview. Source: Glassdoor
Diversity in the Workplace
67% of applicants say work diversity is an important factor when looking for a job. 50% of employees want a workplace with more diversity. Source: Glassdoor
Three top reasons companies focus on a diverse workplace are: to improve culture (78%), to improve company performance (62%), to better represent customers (49%). Source: Careerbuilder
One of the top trends of the job market in the upcoming years will be that 37% of employers plan to engage with more diverse candidates. Source: Statista
66% of organizations have strategies for diverse hiring, but only 25% set gender diversity goals. Source: Jobbatical
Higher female representation in C-suite level positions produces better returns for shareholders. Source: Fast Company
Hispanics and Latinos make 8% of all US graduates, yet only carry 4% of the senior executive positions. Source: Glassdoor
Global Job-Search Statistics
Employment rates aren’t only looking up just for the U.S - it’s increasing all around the globe:
- India 76%
- Mexico 67%
- Southeast Asia 62%
- Germany 61%
- UK 58%
- France 50%
- Australia 45%
- Brazil 40%
Source: LinkedIn’s Global Recruiting Trends Report
In this article, key takeaways are whatever YOU find valuable for YOUR job-search.
Our top picks?
- We’re living in a candidate’s market. There’s plenty of positions to choose from, so don’t settle. Go for that dream job.
- Social media is an awesome tool to look for jobs. However, it can be a double-edged sword. A lot of recruiters monitor your social media for negative behavior.
- Soft skills are getting more well-deserved attention. Don’t forget the top 3 soft skills of 2019: team-oriented, attention to detail, and customer service.
- Companies have piles of applications and very little time. So carefully craft your resume and tailor it for the Applicant Tracking System.
- Diversity in the workplace is highly appreciated in theory. However, in practicality, it is changing at a very slow pace.
- The hiring volume and job openings are increasing worldwide.