Welcome to “The Most Interesting Recruiting Stories of the Week,” a weekly post that features talent acquisition insights and information from around the web to kick off your weekend. Here’s what’s of interest this week:
A new survey by ZipRecruiter reveals that job seekers “became more pessimistic across the board — about current labor market conditions, the medium-term economic outlook, their personal finances, and their preparedness for the labor market. The decline reversed a temporary first-quarter rebound in optimism.”
According to a recent survey by Indeed, “65% of respondents report being concerned about anti-LGBTQ legislation and how it will affect their employment opportunities, and over half (52%) state that they would never apply for a position based in a state with anti-LGBTQ legislation.”
“It’s been a hard year for recruiting leaders. Those in the technology sector have seen jobs vanish as hiring slows down and layoffs become the norm,” begins this article at Reworked by ERE tech columnist Lance Haun. “Yes, there are still many open jobs, and unemployment hovers near record lows. But the challenge for employers hiring today is that workers don’t want to move unless they have to. With economic uncertainty still prevalent, nobody wants to be last in and first out if more cuts were to come. Unfortunately, the job requisitions don’t stop.”
From LinkedIn’s Talent Blog: “Compared with two years ago, paid job postings on LinkedIn that mention well-being, flexibility, or culture now receive nearly three times (+175%) more views and more than twice (+139%) as many applications.”
“Reddit, the internet community discussion powerhouse, is cutting 90 jobs, laying off about 5% of its total employee base, as it restructure operations to position itself to break even in 2024,” according to Variety.
“Historically, Black people have not felt embraced by corporate America,” says this report by OneTen. “Across the country, Black unemployment is twice as high as white unemployment. Black adults face systemic barriers to accessing meaningful careers. Centuries of oppression have added up to a staggering racial wealth gap. On average, Black households hold just one-sixth of the wealth of white households.”
“Virginia won’t require applicants for nearly 90% of the state’s classified jobs to have college degrees starting in July,” according to The Hill. “With the move, Virginia joins such states as Maryland and North Carolina that have cut degrees and other preference requirements for state positions.”
The platform’s new feature has shortcomings that make its usefulness questionable, writes Suzanne Lucas on ERE.net, explaining that “verification won’t help with job hunting for candidates or for hiring for recruiters. Until LinkedIn expands the companies that can verify employees, it’s unlikely to make an impact. “
