I know most of our readers have the ‘A New Job in the New Year’ resolution going on for 2010. However, the question of if/when we’ll land a new job is a true unknown.
FACT: Job search duration varies a lot. Why? Well, for starters, a job seeker’s knowledge with respect to the most effective way to look for a job (i.e. ability to leverage social media and other networking techniques, proper resume design, effective interviewing skills, etc.) impacts how long they look. Then, factor in things like salary requirements, industry, location, skills, education-level, experience-level, and of course, actual job openings, and you start to see how a job search can take a lot longer than a person plans on.
So, my question to all of you is this:
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10 Comments
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I assist many felons in finding work. Check out Instant Jobs For Convicted Felons
I assist many felons in finding work. Check out Instant Jobs For Convicted Felons
As someone who work in social services, and assists people who are at-risk with creative job opportunities, I can personally say that it is going to take a long, long time for job placement to occur this year. For my clientele, finding employment is challenging and tricky, to say the least.
I started a networking group (Meets@Peets) last summer when I was hitting the bricks looking for my next gig. We meet weekly here in Silicon Valley, one of the toughest job markets these days. This week we talked exactly about this topic. There were about a dozen people present and most people agreed that it is about 4-6 months. I thought back to my days as a contract recruiter for a large SV based networking company back before the bubble burst and when unemployment was under 5%. The “war for talent” had us targeted to fill 33 jobs per quarter and most of us were tracking 50-70. I am guessing the drive then was “you snooze you lose” so people were making quicker decisions and moving forward. Today companies seem to be relying on a large talent pool to assume that they won't lose the candidate in this economy. I remain hopeful that some companies out there will see their quickening of their process as a differentiator that can out them ahead of their competition in the marketplace. Am I the only one who sees this or can I get an amen?
Hi Randy,
I can see how it would be a differentiator,but many employers tell me the quick process of the past cost them. I'm working with more companies now who are building longer, more intense hiring processes to ensure the talent they bring on matches their culture and truly understands the expectations. These employers will tell you a lengthier process has benefited them greatly.
On a separate note, I think what you've built out in Silicon Valley is wonderful. I worked out there years ago and know how much talent lives out there. It's great to hear that you've amassed a group and meet regularly. As we say here at CAREEREALISM.com, “NOBODY should job search alone!”
Best wishes and thank you for stopping by and sharing!
JT
Most often job seekers are focused on the salary they will make upon applying for a job without knowing if they have the perfect skills and experienced to decide how much salary they would have, most of the job seekers are complaining for the that they can't find a job but did they even mentioned how long did they spent on job seeking?
I have heard an AVERAGE of 1 month for every $10K a job seeker wants to make in salary. Job seekers – I would love to hear if that is way off!
Thanks for sharing Marie. To answer your question…
That stat used to be true in a GOOD economy. In this market you can expect it to be 1.5-2 months for every $10k you want to make. Now, that can be dramatically reduced if a job seeker knows how to build a search strategy that will enable them to zoom in on viable opportunities sooner, but sadly, most job seekers do not know how to do this.
Come join me this Wednesday for the FREE webinar we are hosting – I'll be discussing how job seekers and employers are two ships passing in the night right now. It's the old square-peg, round hole problem! But, I'll also be addressing how to fix it. Here's the link to join me: https://www1.gotomeeting.com/register/533888241
I remember reading a statistic yesterday that said that the average American spends 18 minutes searching for a job everyday. No idea how they came up with that number