A recent poll by the Society for Human Resource Management (SHRM) reveals some interesting facts about hiring trends in the current economic climate. We typically hear about job seekers having difficulties during the recession, but the SHRM findings indicate that employers are struggling as well. Results of the SHRM poll are highlighted below, with tips for those seeking employment.
Current Hiring Trends During the Recession
Although unemployment has been at record highs and college graduates are finding it increasingly difficult to find jobs, many companies are still falling short of recruitment targets. This is predominantly because of a shortage of skills in the applicant pool.
- 52% of organizations that are currently hiring are finding it difficult to fill specific vacancies.
- 24% of organizations have hired workers from overseas for difficult-to-fill jobs, with larger organizations being more likely to do so.
- 39% of organizations have hired U.S. veterans, and a further 15% are planning to do so in the near future. The federal government hires more veterans than any other industry.
- Only 23% of organizations believe global competition for talent is a threat when it comes to recruiting qualified applicants. Larger organizations report more global competition than smaller organizations.
How to Get Hired During a Recession
While a lack of qualified applicants is an issue for employers, it may be good news for those currently looking for work. Remember to stay positive, and use these tips:
- Network. You need to put yourself out there. Make sure people know you are looking for work, and use your connections to your advantage.
- Be flexible. Don’t spend all your time trying to land your “dream job.” If you desire a role in HR, consider looking for an administrative assistant position. It’s better to get your foot in the door with the chance of progressing to that dream role in the future. At the very least, you’ll gain some relevant experience, and let’s be honest: sometimes you just want to pay your bills and put food on the table.
- Create your sales pitch. If you are currently looking for work, it is likely that you have the time to sit down and really think about your personal brand. Take this opportunity to solidify your strongest selling points: the skills and accomplishments that will make your résumé stand out to an employer.
- Hone your skills. As stated above, the biggest challenge employers are having right now is a skills shortage. While you’re between jobs, consider taking some classes, earning that certification you’ve been postponing for years, or attend conferences and workshops that are relevant to your field. You can even try some volunteer work to fill that gap in your résumé.
- Start your own business. If you’re out of a job, consider looking for freelance work. This will show employers that you’re a self-starter, and it is a way to build more experience and accomplishments that will make you an attractive candidate.
Have you been successful landing a job during the recession? What worked for you?
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