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Hiring Market Outlook for 2022

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If there’s one thing we’ve learned about the labor market over the past few years, it’s to expect the unexpected. There’s no concrete way to predict what will happen in 2022, but we have some insights into what will likely impact the hiring market this year. Here are three trends to watch for regarding the hiring market outlook in 2022.

Labor Supply May Stabilize

In 2021, the demand for workers absolutely skyrocketed and significantly outpaced the number of available candidates. A record 4.53 million workers quit their jobs in November alone. Due to increased mobility in the labor market, job openings continually outnumbered those looking for work. This year, we hope to see the labor supply stabilize. As vaccination rates rise, COVID-19 risk may continue to fade. Additional factors such as increasing childcare options and decreasing financial cushion could also contribute to the stabilization of candidates on the market.

Remote Work Demand Will Continue To Increase

One of the lasting effects of the COVID-19 pandemic that will undoubtedly continue into 2022 is that of remote work. While the number of remote workers decreased throughout the year in 2021 from 23.2% in January to 11.3% in November, job postings for remote positions continue to rise. Employers are catching on to the benefits of remote and hybrid work environments, including better work-life balance, increased productivity, and lower overhead costs. Additionally, it expands the talent pool significantly, allowing you to better compete in a highly competitive hiring market.

Candidates Will Be In The Driver’s Seat

The candidates of 2022 are not the same as candidates of years previous. In past interviews, candidates tread lightly and avoided hard-hitting questions regarding salary, diversity, and paid time off. However, those days are long gone! No longer afraid to rock the boat, candidates are now in the driver’s seat and want answers. Don’t be surprised if these heavy questions arise early in the interview process. Job seekers will be juggling multiple hiring processes at once, and they’ll want to eliminate non-matches early on.

So, while there’s no surefire way to know what this year’s hiring market will hold, preparation will be key. Partner with JSG to tackle your staffing and consulting needs, and you’ll be ready for anything!

3 Essentials For Your 2022 Job Search

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With more jobs available than ever before, it’s a great time to take the next step in your career. But, the rules of the game haven’t changed. A job search still requires a lot of work, and being prepared ahead of time will put you one step closer to your next position. So, here are three essentials for your 2022 job search that you can get started on today!

Established career goals

It is projected that there will be a significant number of job opportunities in 2022. And with so many to choose from, you may feel like the world is your oyster. However, before you plaster your resume everywhere, you need to focus your job search. Make a list of priorities for your career. When it comes to your next step, what’s most important? Consider job duties, work-life balance, salary, benefits, management style, mission and values, and more. Then, only submit applications to positions and companies that align with your career vision and goals.

An Updated Resume

This may seem obvious, but you need to update your resume. Be sure to include any accomplishments you added in 2021, including certifications, online classes, or major projects. Don’t forget to include volunteer opportunities, skills added, and a link to your updated LinkedIn profile or portfolio.

Strong references

In today’s job market, employers are moving fast to hire candidates they like. That being said, you should have at least three strong references locked and loaded before you even start applying. Make sure these references are people you have worked with who can attest to your work ethic and dedication. Let them know you will be listing them as references and the types of positions you are applying for. If there are any key traits or projects you want them to attest to, let them know! The more prepared your references are, the better recommendation they can give.

2022 will be a great year to search for a new position. But, the ultimate success of your 2022 job search will be dependent on how prepared you are—looking for more job search advice? Explore our candidate resources here.