Job Search Trends 2020
The new year always brings exciting new developments in the job market. Sometimes it’s tax cuts, news about internships, sometimes tax increases. New technologies are influencing the business world, and maybe new job opportunities have emerged?
In any case, job seekers must try to stay up to date. The more information you have about the popular trends, the better prepared you are for your job search.
Whether you have just graduated from high school or are unemployed, these are the key job search trends you can expect as a job seeker in 2020.
Job Search Trends 2020
Soft skills are still very much in demand
In 2019, approximately 7 million jobs were vacant! It is very likely that the number will be even higher in 2020 as the widening skill gap does not appear to close.
But what skills are missing? What skills should you develop if you want to find a job? It looks like soft skills will be in high demand in 2020.
These skills are also referred to as interpersonal skills – communication, collaboration, problem-solving, creative thinking, etc.
This means that emphasizing your soft skills on your resume will take you one step closer to finding a job.
Skills shortage and learning opportunities
Due to the shortage of skilled workers, many employers offer their employees new learning opportunities.
42% of companies increased their training budgets for employees last year, and the trend is expected to continue.
Companies focus more on creating talent pools and finding vacancies within the company by offering training courses and skills building to current employees. They also offer internships for budding young adults
Even if this is not good news for the unemployed, it is ultimately a positive trend. Employees will be able to pursue careers, and recruits are more likely to stay in a company longer.
The applicant’s experience appears on the stage
Diplomas, certificates, and only general educational background are always relevant for employers. However, professional experience is the most important and the most important thing in 2020.
It is therefore crucial for job seekers to fill their résumé with as much information as possible about their previous experience.
Younger applicants should register for high school internships voluntary work or part-time positions that are as closely related as possible to their dream job.
An increase in freelance careers
Approximately 34% of US national workers currently consist of freelancers. While this was still seen as a negative trend a few years ago, many welcome it and we are likely to see even more freelancers in 2020.
Freelance jobs are traditionally not considered stable or offer many advantages. Nevertheless, many companies are beginning to appreciate the so-called “portfolio careers” and are trying to fill their vacant positions with freelancers.
You may not consider freelance work as a valid career path for yourself, but this is a great opportunity to network and build relationships with many employers, and it can bring many benefits.
The growing remote workforce will create more opportunities
Remote work can be beneficial for both employees and employers, so the number of remote jobs is currently increasing.
Over 4.3 million people in the United States are currently working at least half remotely, and completely remote positions are being opened daily.
For job seekers, this means that they can extend the job search to different cities and even different countries.
You are no longer limited to simple geography and can find positions for which you have qualified wherever you are fairly easy.
Optimize for AI
AI has entered the recruitment process and is currently taking the first steps. AI is mainly used to pre-select applicants and review all CVs.
This is both good and bad news for job seekers.
On the one hand, this ensures that applicants with the right skills and experience are not accidentally overlooked.
All prejudices are also removed from the hiring process so that every applicant has a fair chance of getting the job.
On the other hand, applicants must be very specific and to the point in their resumes. You cannot hide a gap in your experience by using a certain format of the resume or explaining it.
Fingers crossed for more employee benefits
The low unemployment rates and high skill deficit can be of great benefit to all job seekers.
The competition is tough. Studies show that 90% of the S&P 100 is recruiting for the same 37 jobs in demand. This means that companies try to address job seekers as much as possible.
In 2020, in addition to health insurance, dental insurance, and the like, companies also offer valuable benefits for employees to attract and retain talent. You can expect offers for:
Transport cost reimbursement
Repayment of student debts
Paid Medical Vacation
Also pet insurance
Companies do everything they can to attract candidates, and this can be very lucrative for job seekers.
Social recruitment is becoming more general
With most companies having their own Facebook, Twitter, Instagram, and Snapchat accounts, it’s no wonder that they use their social media to attract top talent.
This is commonly referred to as “social recruiting” and is a growing trend that you should pay attention to.
If you want to find a well-paid job, you should track the businesses you’re interested in across different social media platforms.
There are many job openings on social media, and this is the perfect opportunity for you to find a career that suits you.
The end result
The turn of the decade is likely to be very interesting for the job market. Many new opportunities and internships for job seekers are expected. And many companies are looking for innovative ways to attract applicants for a job.
These are just a few of the trends we will see in 2020. Stay informed when you are looking for a job that suits you.