The Shifting Job MarketPreparing for the Death of Job Boards

Last year, the most jobs were added in more than a decade.

The improvement of the economy is shifting control back into the hands of the talent.

No longer are the times when merely

posting an opportunity on job boards will provide you with

dozens of qualified candidates.

Social media professional networks are the fastest growing source of quality hires,

up 73% since 2011.

are well paid, have options, and aren’t putting themselves out there nearly as much.

Once again, potential candidates

More than 1/3 of employers expect to add full-time, permanent staff in 2015,

the most since 2006.

It’s no surprise that the shift in the job market towards the candidate is

affecting some of the most critical metrics when examining hiring trends.

When a business fails to fill a job opening within the first month,

there is a 57% chance that the position will remain open for three months or more.

Jan-01Jul-0

1

Jan-02Jul-0

2

Jan-03Jul-0

3

Jan-04Jul-0

4

Jan-05Jul-0

5

Jan-06Jul-0

6

Jan-07Jul-0

7

Jan-08Jul-0

8

Jan-09Jul-0

9

Jan-10Jul-1

0

Jan-11Jul-1

1

Jan-12Jul-1

2

Jan-13Jul-1

3

Jan-14Jul-1

4

Jan-1515

17

19

21

23

25

27

Working Days

The time to fill for open positions has reached a national average of 26.8 days,

the highest ever during the series.

It doesn’t help that 80% of the job market are now considered passive candidates.

And 45% of candidates said theywould switch to a new job even though they are satisfied in their current role.

keep up with hiring, reduce their time-to-fill& identify that highly sought after talent?

So how exactly are businesses going to

& why you shouldn’t start recruiting without one.Learn how to create a sourcing strategy

Download the Free White Paper: theCBIGroup.com/recruitment-sourcing

Download the Free White Paper: theCBIGroup.com/recruitment-sourcing