80% of Job Openings Are Unadvertised

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I was recently quoted by the Wall Street Journal as saying that 80 percent of job openings are unadvertised. Several people have contacted me to ask where I got that number. Some believe that only 70 percent of job openings are unadvertised. So where did I get 80 percent from?

As well stated on the Jobfully blog, the number bounces around a bit year-to-year and even month-to-month depending upon the state of the labor market and is indirectly reported by the U.S. Bureau of Labor Statistics in their monthly Job Openings and Labor Turnover Survey (JOLTS). The survey reports these numbers: Continue Reading

Job Boards Aren’t Dead. They’re Evolving.

Mark Mehler and Gerry Crispin of CareerXroads

Mark Mehler and Gerry Crispin of CareerXroads just released their Annual Sources of Hire (SOH) Study, which is one of the most referenced and authoritative snapshots of how large, highly-competitive, high-profile firms define and measure the talent supply chain.

The SOH report is a glimpse of where employees – actual hires – were found. This data is important to organizations as they look to find and hire new employees. It is equally important to job candidates as they seek the most effective channels to a new job.

Interesting findings from this year’s study include: Continue Reading

4 Job Hunting Tips for Recent College Grads

· You may have more experience than you realize – While recent college grads are likely to highlight internships and part-time jobs on their resumes, they may not know that many employers will consider volunteer work (53 percent), class work (33 percent), managing activities for sororities or fraternities (26 percent) and sports (20 percent) as relevant experience. One-in-ten employers (12 percent) would also consider social media (personal or school-related blogs, social networking pages) to qualify as relevant experience.

· Expand your network of contacts online and offline – The number one way employers recruit recent college grads is through employee referrals (49 percent) followed by postings on online job sites (42 percent). Continue Reading