ESS Candidate Newsletter – NOVEMBER 2023
Columbus, OH – NOVEMBER 2023
In this month’s, ask the recruiter, we talk about the current job market trend.
Introduction – Aaron Wandtke
Recently Filled Jobs
Ask the Recruiter – “Why does the job market feel slower now?”
Introduction:
We invite you to provide feedback. As we get ready to refresh our website, we want to make sure that we are providing all the resources and content that our readers value. Please let us know if there is something that we could add or expand upon on our site to provide greater value to you in your search efforts. Please click on this link to get to our website. All feedback is welcomed and appreciated.
November is a time for gratitude and to give thanks. We at ESS, would like to “Thank You” for trusting us when you need career advice, for the referrals you provided us, for willing to talk to us when we call you out of the blue, or for trusting us to find the best talent for your department. While we are thankful this time of year, we are also aware that companies are racing to fill crucial positions before the year’s end. If you or a colleague’s department needs help, give me a call.
Happy Thanksgiving!
Ask the Recruiter – “WHY DOES THE jobs market feel slower now?”
This is a trend that we have noticed over the last few months. We are not sure if it’s a slowdown or if we are simply returning to where things were prior to 2021. When we compare our 2022 3rd quarter data to our 2023 3rd quarter data, our average hiring process increased by three days. Having said that, below are some reasons why processes may slow down.
- Companies laying off – In 2023, there have been quite a few companies laying off people in various departments. The result is more applicants in the marketplace.
- Limited opportunities – The number of job openings in the healthcare industry is very different than what it was in the last two years. Companies hired a lot of people over the last 2-3 years.
- The perfect hire – Companies are taking longer trying to find the perfect hire. In addition, companies are spending more time evaluating internal equity as well departmental needs before hiring for roles.
Companies are still hiring as evidenced by the unemployment that remains below 4%. Although processes may take longer, if you manage your own expectations and continue to manage each of the processes effectively, you will find the right role.
If there is anything you need help within your search, please let me know and reach out.
I can be reached at 614-885-8490 or by e-mail at aw@ess123.com.