Take advantage of low unemployment to search out new job opportunities

Understanding Why It’s Easier to Find Jobs with a Lower Unemployment Rate

Think a high unemployment rate means there are fewer jobs available? In fact, the reverse is true: a lower unemployment rate makes jobs opportunities easier to fill. When job hunting, take advantage of this to get a truly coveted position.

How To Find Job Opportunities When Unemployment Is Low

More and more recruiters are noticing the scarcity of quality candidates and the limited pool of talent they have to choose from when they look to hire during times of low employment. Take as fact, that it’s easier to find job opportunities that are truly desired during this time. Companies are putting in extra effort to provide incentives for the top talent. Do everything possible to create a distinguished resume and portfolio that displays a variety of skills and demonstrates “fit” for all job opportunities. Mine multiple contacts, attend networking events and sign up with head hunters and recruiters because companies will be reaching out to these agencies. Candidates can especially shine a spotlight on themselves by having references call on their behalf.

Job Opportunities to Target in the Best Industries

In this day and age, one of the best industries to target is web design and development positions that exist with either creative ad agencies or SaaS companies. There are all sorts of “hidden vacancies” or short-term contracts that lead to a continuing relationship. These types of businesses not only have multiple projects at once, they also have different departments such as data, engineering, “growth hacking” and “user experience”. These new niches are simply interdisciplinary positions that call on a broad range of skills.

One of the big reasons why there are more job opportunities when unemployment is low has to do with fear. Even if candidates are employed in a position they don’t necessarily want, they’re not motivated to go looking for a job. Even highly qualified candidates looking for job opportunities more suited to their skills and expertise worry that they either won’t be rewarded or that the process is not worth it. But candidates can learn, through the process that “no” could just mean “not right now”. In this case, candidates can change application strategy. The right candidate is sometimes the one who will do what it takes to get a foot in the door.