Here’s Why Recruiting Is A Growing Challenge

Business results

The numbers are undeniable. The economy is booming but so is the level of difficulty in finding top talent. Recruiting talent is definitely a growing challenge.  If you look carefully at the data gathered by the Bureau of Labor Statistics you can see why.

Just take a look at some of these numbers generated monthly by JOLTS (Job Openings and Labor Turnover Survey). No wonder Talent Acquisition professionals are unsure where their next hire can be found.

  • At 0.9 persons per job opening, the number of job openings has exceeded the number of unemployed persons for 21 consecutive months prior to November 2019.
  • Job openings have exceeded hires from 2015 to the present.
  • The unemployment rate has plunged from 9.8% in January of 2010 to 3.5% in December of 2019
  • Quits have exceeded layoffs and discharges since July 2011.
  • The quit rate has grown consistently from less than 1% in 2009 to short of 2.5% in 2019
  • Job openings nationwide have shown an increase from 2,731,000 in January 2009 to 7,625,000 in January 2019. Whew!
  • The gap between quits and layoffs/discharges continues to increase.
  • The industries with the greatest percentage of job openings are Leisure/Hospitality and Health Care/Social Assistance.

Want to see numbers that are a little closer to home? JOLTS is working on State Estimates. They can be found on the BLS website and show everything from Job Openings to Hires to Quits to Layoffs and Discharges and total separations. The data is available from February 2001 to June 2019.

Here’s the good news…all of these numbers – and more – are updated monthly and can be downloaded free of charge on the BLS.gov site and can help with recruiting.

 

Source: The Bureau of Labor Statistics/JOLTS

 

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SCG Trendwatch: Recruitment Industry News & Insights – November 2019

Trendwatch

Welcome to your monthly round-up for busy HR professionals. Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.

Top Recruitment Thought Leaders You Must Follow in 2019

Recruitment industry has seen dynamic changes in the last few years, recruitment professionals adopting innovative recruitment strategies and methods to ensure successful sourcing and hiring.

If you are looking for new inputs in recruitment, leadership, hiring, human resource, staffing and HR technology, then following the top HR and recruitment thought leaders is a must to keep yourself updated with the latest trends and technologies. The recruitment influencers frequently share their thoughts, ideas, experiences and knowledge online.  Read more…

88% of Professionals Would Be More Likely to Recommend Their Workplace If Their Employer Did This One Thing

More than half of professionals say they would be more likely to accept a role at a company that offers wellness benefits, according to new research.  The study, which delved into the shifting workplace needs and health concerns of 1,000 employed professionals between the ages of 24 and 40, found that as many as 78 percent experienced feelings of burnout at some point in their career. Read more…

The disturbing new findings about discrimination at work

Sixty-one percent, or about three in five employees responding to a Glassdoor survey, reported they have either witnessed or experienced discrimination involving age, race, gender or LGBTQ identity in the workplace.

Harris Poll conducted the global survey in July, attracting responses from 1,100 U.S. employees. While 45% experienced or witnessed ageism, 42% pointed to racism; another 42% encountered gender discrimination and 33% observed or experienced LGBTQ discrimination at work.  Read more…

Symphony Talent acquires Smashfly Technologies

Symphony Talent Intensifies Market Position To Provide The Most Comprehensive Talent Experience Solution In The Industry

NEW YORK, November 4, 2019 – Symphony Talent, a global leader in Employer Brand and Candidate Experience solutions, announced today that it has acquired SmashFly Technologies, the industry leader in enterprise recruitment marketing and candidate relationship management (CRM) technology. Read more…

Tap the talent pool of youth with ‘impact hiring’

The quest to hire entry-level employees – and retain them – is one of the toughest recruiting challenges HR professionals are facing.  The current unemployment rate is at an historic low, and with more than 7 million job openings across the U.S., far too many positions are going unfilled.

At the same time, there is a sizable segment of the population that remains unemployed or significantly underemployed. Called “opportunity youth,” this group of young people between the ages of 16 and 24 are neither in school nor gainfully employed—and they comprise a significant pool of 6.7 million potential workers.  Read more…

How Web Accessibility Affects Employment

All businesses are required by law to be equal opportunity employers. However, even if a company does not discriminate during hiring or employment if its website isn’t accessible to people of varying abilities, that company is still prohibiting the largest minority group – people with disabilities – from seeking employment.

According to The Brookings Institution, only 40% of working-age adults with disabilities have a job.  Read more…

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SCG Trendwatch: Recruitment Industry News & Insights – September 2019

HR TrendwatchWelcome to your monthly round-up for busy HR professionals. Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check-in each month for the latest updates from all over the web.

Top ATS Systems used by the Fortune 500 in 2019 (Workday beats Taleo)

Workday is the #1 ATS system used by Fortune 500 companies, narrowly beating Taleo.  That’s what we found after a review of the 476 Fortune 500 companies that show their applicant tracking system on their public-facing career sites.  22.6% of these Fortune 500 companies use Workday versus 22.4% that use Taleo.  Oracle is still the #1 ATS provider to the Fortune 500 when you add in Oracle HRMS, iRecruitment and Oracle Cloud (see the long table below). Oracle beats Workday 24% to 22.6% when you add in Oracle’s other software.  Read more…

Fusion Recruiting Labs releases Talenize, the next-generation Talent Sourcing and Engagement Platform

Fusion Recruiting Labs today announced the launch of their newest recruitment platform: Talenize. Talenize is SaaS-based talent sourcing and engagement platform designed for high-volume, high-turnover industries, that effectively connects recruiters with qualified candidates. As the founders of industry-leading hiring platforms FindaTruckerJob.com (FATj.com) and FindaNursingJob.com, the Fusion Recruiting Labs team has developed technologies to source direct candidate leads for recruiters. With Talenize, recruiters will access a fully-managed recruitment experience featuring mobile and desktop optimized applications that boost candidate experience.   Read more…

GR8 People expands Employee Referral Program functionality with ultra personalization

GR8 People, a breakthrough one-experience talent platform for the enterprise, has introduced expanded configuration options through its platform to deliver the most advanced employee referral program (ERP) functionality on the market.

From the ability to support multiple referrals of the same candidate and the assignment of employee referral “rights” over a candidate to the creation of referral grace periods and unique URLs for employees to use when sharing or posting jobs, the enhancements reflect the demand among enterprise organizations for much greater ERP customization and flexibility. Read more...

Linkedin announces skill assessments to help you showcase your skills

We know it’s important to have a way to effectively show the skills you spend time cultivating. In fact, according to new LinkedIn research, 69% of professionals think their skills are more important than college education when job-seeking, and more than 76% wish there was a way for hiring managers to verify their skills so they could stand out amongst other candidates.  Read more…

‘Just Text Me’: Job interviews by today’s preferred communication tool

We now communicate more through our electronic devices than we do in person—this is not news. Yet job interviews have remained largely sacrosanct. While you may be reading this thinking, “Well, what about Skype or video interviews?” you have identified the growing trend of “interview by anywhere.”

Recently, employers are taking this trend one step further by eliminating visibility in favor of efficiency and near limitless candidate accessibility through interviews by text. In the constantly evolving hiring market, employers can gain a significant competitive advantage by understanding how this new process works, the benefits it can afford, and implementation strategies that simultaneously reduce potential risks.  Read more…

Seen by Indeed replaces Prime with more holistic search tools

Indeed launched a new hiring platform aimed at employers seeking better matchmaking between themselves and technology professionals. Called Seen by Indeed, the product is based on Indeed Prime but, the company said, “takes a more holistic view of tech talent.”  Read more…

Staffing industry commits to training adults 700,000 adults by 2020

The American Staffing Association has signed the Pledge to America’s Workers to commit that U.S. staffing agencies will provide opportunities to train, upskill, and reskill 700,000 temporary and contract employees and job seekers during the next five years. The pledge is a White House initiative to recognize the crucial role that companies play in educating and training the nation’s workforce.

To date, more than 350 companies and trade organizations have signed to the Pledge to America’s Workers—promising to provide more than 13.5 million enhanced career opportunities for American students and workers.  Read more…

On Chandler Bing’s Job

In an episode in the fourth season of Friends, Monica, Rachel, Chandler, and Joey find themselves engaged in an argument: Chandler and Joey, they claim, know Monica and Rachel much better than the women know them. Before long, the debate devolves into a game-show-style quiz. The host: Ross, who delights in the job. The topic: the minutiae of the friends’ lives. The stakes (which have become, through a series of predictably zany events, incredibly high): If the women lose the game, they have agreed, they will trade apartments with Chandler and Joey.  Read more…

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SCG Trendwatch: Recruitment Industry News & Insights – July 2019

TrendwatchWelcome to your monthly round-up for busy HR professionals. Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.  

Indeed announces acquisition of automated recruitment technology platform ClickIQ.

Indeed, the world’s #1 job site, announced today that it has signed an agreement to acquire ClickIQ, an automated job advertising technology platform, based in the UK.  Read more…

Tech startup Appcast sold for $79 million.

A 5½-year-old Upper Valley digital startup that has become a major player in helping national employers find job candidates has sold a majority stake in the company to a German media giant for $79 million.  Read more…

2019 Study reveals new trends in trucking recruitment.

The trucking and logistics industries are the backbone of the U.S. economy. Naturally, as the economy flourishes, the need for trucks, and drivers, skyrockets. However, the high-volume, high-turnover nature of the industry makes recruiting truck drivers difficult. Research from a 2017 study shows that driver turnover is exceptionally high, reaching as high as 98 percent in 2017 with 70 percent of that turnover occurring in the first year of employment; this rate of turnover places an added layer of difficulty on driver recruitment.  Read more…

iCIMS acquires Jibe to expand engagement, recruitment marketing capabilities.

iCIMS acquired recruiting technology platform Jibe with an eye toward strengthening its offerings in employer branding, candidate engagement and tracking the return on recruiting investments.

Jibe will power iCIMS’ new recruitment marketing solution, Attract, which is available as either part of its core platform or as the front end of other, integrated ATS or HCM solutions.  Read more…

Disability Equality Index shows steady growth of inclusion.

A total of 156 out of the 180 organizations included in the Disability Equality Index received top scores for their inclusion of people with disabilities. The index is a collaboration between the American Association of People with Disabilities (AAPD) and Disability:IN, a nonprofit organization focused on disability inclusion in business.  Read more…

Oregon passes nation’s most generous paid family leave law.

Oregon lawmakers recently enacted the nation’s most generous paid leave program. Gov. Kate Brown signed a law into effect on July 1 that will provide 12 weeks of paid leave to just about every employee in the state (yes, even if you only have one employee), to be funded by a new payroll tax paid by both workers and employers with 25 or more employees. While the law doesn’t kick in until 2023, it’s never too early to learn about what’s around the corner and start to prepare.  Read more…

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SCG Trendwatch: Recruitment Industry News & Insights – June 2019

TrendwatchWelcome to your monthly recruitment advertising round-up for busy HR professionals. Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.

Tech’s jobless rate dips to 1.3%, lowest since Q1 2000

Although job gains were lackluster across most industries, including normally strong sectors like construction, tech jobs continue to show growth in an uncertain economy, partly because nearly every industry has a need for tech-minded personnel.  Read more…

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Monster turns job ads into videos

Video in the recruiting process isn’t a new concept, but employers and vendors alike are finding new ways to use the tech to improve transparency and stand out to applicants during the job hunt.  Read more…

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With ZipRecruiter’s New Product, Job Seekers “Get Recruited” by Top Companies

Employment marketplace ZipRecruiter announced today a first-of-its-kind solution which lets job seekers opt in to get recruited by employers across every industry and experience level.  Read more… 

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Three new HR roles to expect in the future

The future of work is here, and the future of HR is data-driven. We’ve all heard this before. But what new roles will emerge to handle data-driven HR?  Read more…

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AllyO raises $45 million for its AI-driven platform

AllyO, a Mountain View, California-based company developing AI-powered job recruitment products, today announced that it’s completed a series B financing round with $45 million in venture capital, contributed largely by Sapphire Ventures and Scale Venture Partners, as well as existing investors Gradient Ventures (Google’s AI fund), Randstad Innovation Fund, Bain Capital Ventures, and Cervin Ventures.  Read more…

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Vogue launches Fashion Talent Recruitment platform

Condé Nast International revealed the launch of its Vogue Business Talent platform with selected opportunities in London, New York, Paris, Milan, and Hong Kong. Read more…

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SCG Trendwatch: Recruitment Industry News & Insights – April 2019

Trendwatch

Welcome to your monthly round-up for busy Human Resource professionals. Each month, we share the latest news, strategies, tools and recruitment trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.

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TextRecruit launches Virtual Career Fairs.

https://www.ere.net/textrecruit-virtual-job-fairs/

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IBM’s recent job posting mistake holds an important lesson for employers on diversity recruiting.

https://www.hrmorning.com/ibms-job-application-gaffe-holds-an-important-lesson-for-all-employers/

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Children’s Mercy Hospital in Kansas lets candidate introduce themselves, improving the candidate experience and resulting in over 200 candidates in the first 18 months.

https://recruitingheadlines.com/this-company-lets-candidates-introduce-themselves/

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HR departments turn to AI-enabled recruiting in race for talent.

https://www.wsj.com/articles/hr-departments-turn-to-ai-enabled-recruiting-in-race-for-talent-11552600459

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Talroo announces new pirate audience vertical for this year’s April Fool’s Day campaign.

https://www.globenewswire.com/news-release/2019/04/01/1790498/0/en/The-Tight-Labor-Market-Impacts-All-Talroo-Adds-New-Pirate-Audience-Network.html

Recruitment Advertising

Some Things Old Are New Again in Recruitment Advertising

Recruitment Advertising

Recruitment advertising continues to change.  Just a few decades ago, the main way of recruiting was an ad in the local newspaper, maybe a few radio spots or a billboard.  Flyers on car windshields or a small ad in the town’s church bulletin worked well.

 

Then, new technology entered the world of recruitment advertising.  The newspaper was now online, radio spots were almost non-existent and billboards were priced out of the market.  And flyers?  Hmmm … just not the way to go.  Social media job postings became the new kids on the block … a way to get candidates to apply NOW … not with a mailed resume … but by email or apply online.  Email blasts to a candidate database were a good way to reach that special demographic.

 

And now, recruitment advertising seems to be changing again.  While newspapers still don’t have the huge recruitment section they had before, more and more ads are being placed.  Radio is working well and billboards, now much more reasonable in price, are back again.  And those car windshield flyers or church bulletin ads?  They’re working!  Email blasts are still out there, but direct mail is growing in demand (yes, it seems people still like to get mail).

 

I handle clients who love print advertisements and receive great results.  Others swear by radio spots and/or billboards.  It’s up to me to know the old school way of thinking, as well as the new school of thinking, and what works best for my clients.

 

And one thing I do know … don’t always sell clients on the new way of thinking when the old way of thinking just might be the way to go.  Mix them together … see what works for each client.  Each of my clients is different and diverse; like their media plan should be.

 

Old just might be new again.

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SCG Trendwatch: Recruitment Industry News & Insights

TrendwatchWelcome to your monthly round-up for busy HR professionals.  Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.

 

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Rally Recruitment Marketing announced that they have reached the first-year milestone of attracting 10,000 professionals to its community, becoming the largest community for the rapidly growing discipline of Recruitment Marketing.

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Jobiak, a provider of the AI-based recruitment marketing platform specifically for Google for Jobs, launched its flagship platform for recruiters and talent acquisition teams to directly publish their jobs to Google for Jobs.

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LinkedIn announces its own applicant tracking system, named Talent Hub, which will launch in 2019.

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SeekOut’s co-founder and CEO Anoop Gupta, explains how this candidate sourcing platform is changing the game in candidate engagement.

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Tesla tops the list of ‘hot companies’ among Indeed applicants.

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SCG Trendwatch

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SCG Trendwatch: Recruitment Industry News & Insights – Sept 2018

Welcome to your monthly round-up for busy HR professionals. Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.

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Yello, who recently hosted #HRTX Chicago 2018 on Sept 6, shares their top takeaways from the event. HRTX takes place in 8 cities across the U.S. each year, bringing Talent Acquisition and Recruitment leaders together in a half day open environment workshop.

https://recruitingdaily.com/yellos-observations-from-hrtx-chicago-2018/

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ZipRecruiter was announced as the presenting sponsor of Season 3 of Serial, the popular investigative journalism podcast. As part of the sponsorship, ZipRecruiter will launch a series called “Road to Hire”, which travels across America sharing stories of how business find and hire people.  

https://www.ere.net/ziprecruiter-serial-sponsor/

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Human Resource Executive announces their picks for the 2018 Top HR Products awards, spotlighting the most innovative new solutions on the market for HR leaders. This year’s winners include products in the areas of employee financial wellbeing to talent analysis to employee screening and AI technology.

http://hrexecutive.com/leading-the-pack/

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Merlin, a new jobs platform exclusively for connecting hourly workers with employers, launches in New York metro area.

https://www.alleywatch.com/2018/09/merlin-prioritizes-this-aspect-in-its-job-recruitment-app-for-hourly-workers/