While job postings are booming, junk work, skills mismatches and convoluted hiring processes mean job seekers are not getting hired, Vox reported on September 20.
According to the Bureau of Labor Statistics, there are 8.4 million unemployed people in the United States and 10.9 million open jobs (with the largest increase in the health care industry). With record levels of vacancies, job seekers are expected to thrive. However, there is a disconnect between employers and potential employees which indicates a wider disconnection in the job market.
Here are some of the reasons why:
1. Many open jobs are not particularly desirable for job seekers. They may offer low wages, little or no benefits, or not enough flexibility. A Flexjobs survey found that 41 percent of workers said there were not enough openings in their chosen field.
2. A mismatch between the skills and experience desired by employers and those of job seekers amplifies the mismatch. The rapid evolution of software and technology makes it difficult for non-market job seekers to keep up with current trends.
3. A majority of employees are now looking for remote work, as the pandemic has made in-person activities unattractive and even dangerous. Vox reported that only 16% of jobs posted on LinkedIn are remote, and these roles receive two and a half times as many applications.
4. Artificial intelligence software used for hiring can filter out eligible candidates. Systems often scan resumes for a defined list of words, so if a candidate’s word choice doesn’t match, they may not go through the system. AI software is also not very good at predicting a candidate’s potential, regardless of their background or technical skills.