LinkedIn, the biggest professional networking site, just put out its annual Global Talent Trends Report, which shows how hiring trends are changing around the world and how that affects employee trust. According to the study, there is a strong link between job postings that use the terms artificial intelligence (AI) or generative AI and more applications than those that don’t.
The study shows that hiring rates have been going down steadily year after year in 20 different countries. However, there is some reason to be hopeful because the decline in 2023 is not as bad as it was the previous year. This means that positive changes may happen. This information shows that companies are being careful when they hire people and are looking for the best ways to find good employees in today’s fast-paced job market.
Experts in the field say that the job-search process has become harder over the past few years. There aren’t enough suitable people to fill job openings because of the rising trend of layoffs and cost-cutting measures. CVs don’t get much attention and it is to stand out in a pool of applicants. In this competitive world, networking and getting suggestions have become important ways to stand out.
In its study, LinkedIn also talks about how, over the past few years, job postings that use AI-related terms have seen a 17% rise in applications. People think these candidates are smarter and more flexible, and they are constantly looking for ways to grow and advance in their careers. So, the platform pushes businesses to show a plan of their strategies to make sure they are in line with what the market wants.
Even though the job market is getting tougher, people are still eager to look for better opportunities. In fact, more people are looking for work than in previous years. The United States and the United Kingdom have the most job hunters.The LinkedIn study not only stresses how important AI is in job applications, but it also stresses how important it is for job seekers to be flexible and show off their skills and qualifications in a very competitive job market.
