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Hiring Intel

What challenges and opportunities do job seekers see in the current job market?

January 29, 2024

Hiring Intel

What challenges and opportunities do job seekers see in the current job market?

January 29, 2024

Photo by Glenn Carstens-Peters on Unsplash

As nearly half (46.54%) of surveyed individuals look for new job opportunities while already working full-time, over half (50.73%) of them report experiencing negative bias during the job application process.

This is one of the key findings from CVwizard’s survey, which surveyed 1,000 people aged 18-60 on the current state of the job market.

The survey included 10 questions for individuals across different genders and age groups, revealing four emerging trends for the job market in 2024 as follows.

Preferences for job search and application channels have changed

LinkedIn has emerged as the platform of choice for both job seekers and hiring managers. Over half of the respondents (51.12%) reported receiving job offers via LinkedIn within the last year.

Segmented by gender, the results saw a slightly higher percentage among males (54.21%) compared to females (47.96%). When looking by age, respondents aged 45-60 have seen a higher percentage of job offers via LinkedIn in the last year (58%), compared to 51.07% in the 18-29 age group.

A degree is still necessary, but skills-based tests in job applications have increased

The survey revealed that a significant majority across all demographics (73.21%) admitted that their jobs typically require a degree or other professional qualification. However, the demographic of respondents that seemed to require a degree less were females aged 18-29, with 70.12% who needed a qualification.

This contrasts with the highest percentage, which was among males aged 45-60, at an impressive 94.29%. The reason for this could be down to the difference in career choices between the two demographics, with age and gender being the biggest factors.

While qualifications are still a crucial requirement in recruitment, a majority (60.95%) also noted an increase in skills-based tests when applying for jobs, with a higher percentage among males (63.99%) compared to females (58.06%).

Skills-based tests in job applications also increase with age, from 57.86% in the 18-29 age group to 70% in the 45-60 age group. This suggests a growing emphasis on practical skills assessment in the hiring process, especially for experienced professionals.

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Read full article here

While skills-based tests in job applications increase, jobseekers would like job applications to be anonymous to reduce bias.
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