Looking for a job? Stats can either be discouraging or encouraging. Keep reading to discover some of the most impressive and interesting stats behind job searches today.
-An average corporate job opening attracts 250 resumes. The next time you’re applying for jobs, keep in mind that your cover letter needs to separate yourself from 250 resumes on average. Half of corporate jobs attract more than 250 resumes!
-Out of those 250 average applications, reports Inc.com, only 4 to 6 people will be called for an interview, and 1 person will get the job.
-Mobile is becoming increasingly important when attracting top talent. 45% of job seekers use their mobile devices to search for jobs at least once every day. Additionally, 54% read company reviews from employees on their mobile devices, while 52% research salary information.
-Salary isn’t’ everything, especially among the younger generation. 64% of millennials would rather make $40,000 a year at a job they love than $100,000 a year at a job they think is boring.
–92% of recruiters use social media when hiring. If you’re not on social media, or if you think social media is “pointless” when searching for jobs, then you may be wrong.
-LinkedIn is the most popular social network used by recruiters. Approximately 87% of employers report using LinkedIn during the recruiting process. 55% use Facebook, 47% use Twitter, and 21% use YouTube. Perhaps most surprising is that 14% reported using Google+ in 2015, in addition to 13% on Instagram and 3% on Snapchat (Source: Workology).
-The average recruiter spends 6 seconds viewing a resume. That means your social media presence (not to mention your cover letter) is more important than ever. Resume design, including an ability to direct a recruiter’s eyes to the most pertinent information quickly, is also extremely important.
-Only the top 2% of candidates get interviews, which means that 98% of job seekers are unqualified for the position to which they’re applying.
–Forbes.com reports that 80% of available jobs are “never advertised”. In other words, they’re only listed internally, or they’re filled without a public search for a candidate.
-Up above, we reported that Inc.com claims 250 people apply for the average corporate job listing, with 4 to 6 people getting an interview on average. Forbes.com has slightly different numbers, although they don’t specifically claim it’s for corporate listings: Forbes claims that 118 people apply for any given job on average, and 20% of those applicants get an interview.
-50% of applications might be screened away from human eyes by talent management software. Forbes reports that this software can weed out up to 50% of applications before anyone ever looks at a resume or cover letter.
-The average job interview lasts 40 minutes. On average, employers take anywhere from 24 hours to 2 weeks to respond after an interview.
Ultimately, “job searching” is a skill in itself. By paying attention to the stats listed above, you can recognize the importance of job searching and understand why people often have to apply to hundreds of positions before getting the job.