Christine Livingston asked me where I thought the economy was going.
How long is it taking for people to get jobs?
I tweeted her question out to HireFriday and then used LinkedIn Answers to ask this question and targeted it to many of my career pro colleagues and friends:
Jobseeker / CareerPro survey:
What is Average time for professionals to land a new job now? US? UK?
- PK: 8 1/2 months and counting. Not happy.
- HT: I’ll tell you when I finally get there. This search is dragging on.
- Ed Han: If anyone’s collating this data in the US, it would be the BLS…ah, here it is. BLS (US federal Bureau of Labor Statistics) says 35.2 weeks as of end of June. I am unable to identify a current source for the UK rate. Links: http://www.bls.gov/news.release/empsit.t12.htm
- JB: 17 months and still counting.
Jacqui Barrett-Poindexter —Career Trend
That’s REALLY a challenge to calculate, but what I’m seeing is ‘it’s all over the board.’ Those individuals transitioning their skill sets to NEW industries and specialties are often taking longer to land – perhaps twice what it took a few years ago, before the economy stalled. However, those individuals, whether changing industries or staying in the same industry, who get creative, take bridge consulting, part-time, volunteer or other jobs, focus on expanding and building their relationships, value, social media, career marketing and giving skills are moving ahead more quickly and methodically.
Those who see the search as a process versus just an end result ARE creating new career paths/lives that, though, circuitous, have pleasing (and pragmatic) results. It’s about traction, I believe – staying positive and keeping head ‘above the water’ while swimming to the new career world shore. Times and economy have changed forever, so expecting to pop a resume on a few job boards, contact a few companies with your value message and sit back to be recruited, are over. Accepting and embracing that fact will boost job-search momentum …and garner REAL results faster.
Great question! I bet you’ll end up with a lot of diverse answers. My clients are either having surprisingly short job searches (a matter of just weeks), or going through interviews where the process drags out. This is due to the company undergoing a change (such as an acquisition) during the time that the candidate has interviewed, or someone on the interview team waffling for a while. So, the candidates are piquing interest on the part of employers, but understandably frustrated at waiting while internal changes go down.
The volume of interviews also seems to be up, where candidates who typically might have went through 2 rounds are experiencing 4 different interviews, including phone screens.
The fastest hiring rate that I have witnessed seems to be (as always) among those who are being recruited away. This also depends on the industry, of course, although some of the faster hires I’ve seen lately are in fields that I thought had slowed (such as land development or construction).
I had more answers from my brilliant colleagues and from job seekers than fit in this space. Share your thoughts here. Job search is a topic that concerns all of us globally. It isn’t just the US economy. Christine is in the UK. I have friends, colleagues, and lately, clients throughout the world. We all need to understand this complex subject.
My clients are seeing more interviews and getting more offers. I get e-mails telling me that regularly. But as Jacqui and Laura said, it has much to do with how their search is positioned and how much networking they have in place.
Do you feel that we are going in the right direction, even if it isn’t fast enough?