job seekers

What Issues & Risks Do Job Seekers See In The Job Market?

job seekers

As almost half (46.54%) of questioned job seekers hunt for new jobs while working full-time, over half (50.73%) perceive negative bias during the job application process.

CVwizard‘s poll of 1,000 18-60-year-olds on the US employment market found this.

The 10-question survey of people of all genders and ages revealed four employment market trends for 2024.

Changed job search and application channel preferences

LinkedIn is preferred among job seekers and hiring managers. Over half of respondents (51.12) received LinkedIn job offers in the past year.

Males (54.21%) had a somewhat higher percentage than females (47.96%). Respondents aged 45-60 saw 58% of LinkedIn job offers in the past year, compared to 51.07% in the 18-29 age group.

A degree is still required, but job applications now include skills-based assessments.

The study found that 73.21% of all demographics said their work require a degree or equivalent professional qualification. Only 70.12% of girls aged 18–29 needed a degree.

The greatest rate was 94.29% among 45-60-year-old men. The two demographics may have different professional choices, with age and gender being the greatest drivers.

While qualifications are still important in recruiting, a majority (60.95%) also saw a rise in skills-based exams when applying for jobs, with males (63.99%) outnumbering girls (58.06%).

Job applications’ skills-based examinations grow with age, from 57.86% in 18-29 to 70% in 45-60. This indicates a greater emphasis on practical skills assessment in hiring, especially for established workers.

Related link: Essential Tips for Active Job Seekers in 2019

Women think they’re underpaid.

Salary satisfaction varied by age and gender, according to the survey.

Results show that 67.12% of men feel fairly paid, compared to 55.15% of women.

Females aged 30-44 rated the lowest satisfaction (53.87%). Most was 77.14% among 45-60-year-old men. Even with the right skills and expertise, middle-aged women feel underpaid in their field.

Females aged 18-29 similarly feel underpaid, with only 56.71% saying they are fairly paid.

Negative bias reduction through anonymous job applications

The survey found that 50.73 percent of respondents experienced unfavourable bias while applying for jobs owing to age (21.14%), race (15.93%), gender (14.10%), neighbourhood (3.37%), and more.

Males aged 18–29 reported the lowest negative bias at 39.67%. However, guys aged 45-60 had the biggest reporting bias (68.57%).

Many (66.89%) respondents preferred anonymous job applications to prevent bias, with males (69.86%) preferring it more than females (64.08%). This desire is highest in the 45-60 age group (78%), compared to 67.14% in 18-29.

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