As the economic landscape continues to evolve in 2024, CVwizard, a leading resume creation tool, unveils the findings of its comprehensive survey on the current state of the job market. The survey, of 1,000 people, sheds light on key trends, challenges, and opportunities facing job seekers.
In 2023, 51.12% of respondents admitted to receiving job offers through LinkedIn. Recruiters and Hiring managers actively use the platform to connect with individuals and discuss potential job opportunities. This sort of outreach involves various interactions, such as expressing interest in a candidate’s profile, providing details about an open position, or even formally inviting someone to interview for a specific role.
The influence of professional platforms like LinkedIn, and the growing prevalence of skills-based tests further highlights the dynamic nature of the employment landscape. Most (60.95%) noted an increase in skills-based tests when applying for jobs, with a higher percentage among males (63.99%) compared to females (58.06%). The rise of skills-based tests signals a shift towards fairer evaluations, where candidates are judged on their ability to perform specific duties, promoting equal consideration across the board.
Given the current economic climate, individuals are seeking better pay and improved career opportunities, making them more inclined to explore new job options. The survey reveals that 46.54% of respondents look for new job opportunities while already working full-time. This shows that professionals are actively looking for jobs that align with their financial and career goals, even if they’re already employed.
This pursuit highlights the ongoing challenges associated with the gender pay gap in the workplace. While approximately 67.12% of males feel they’re receiving fair treatment, a contrasting 55.15% of women believe there’s a disparity in fair pay.
The prevalence of bias in job applications, identified in terms of age, race, gender, and even a person’s name, is evident in the fact that 66.89% of job applicants prefer anonymity to avoid negative bias. This inclination towards anonymity is particularly significant as 50.73% of respondents report experiencing negative bias during the job application process.
