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Hiring Intel

Job applications dropped heading into 2024

HR Dive

January 17, 2024

Hiring Intel

Job applications dropped heading into 2024

HR Dive

January 17, 2024

Photo by Magnet.me on Unsplash

Job applications decreased during the last quarter of 2023, yet the volume is still up nearly 30% from the beginning of 2022, according to the December Workforce Report from iCIMS, a talent cloud company.

In addition, job openings and hires have dropped about 10%. Application volume sank 11% month-over-month, reflecting typical end-of-year behavior, according to the report.

“Maybe the biggest surprise is that despite all the worrying and speculation, there are no big surprises,” the report authors wrote. “The labor market remains strong.”

Job seekers are looking for full-time roles, with applications increasing 16% year-over-year, while part-time jobs had small application growth of 1%. At the same time, growth in openings for full-time jobs was small at 1% and fell by 4% for part-time jobs.

The most in-demand jobs emerged from the healthcare sector, with the highest number of openings for registered nurses, health technologists, social and human service assistants and nursing assistants. On the other hand, openings declined for software developers, food preparation workers, retail salespersons and stockers.

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Read full article here

“Job seekers have become more discriminating about where they submit their applications,” the iCIMS report authors wrote.
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