The Hiring Market Is Truly Terrible Right Now. Job Seekers Are Starting to Do Something Unthinkable to Get Hired.
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The Hiring Market Is Truly Terrible Right Now. Job Seekers Are Starting to Do Something Unthinkable to Get Hired.
"If it feels impossible to get hired in today's job market, it's because it is. Greenhouse, a hiring software firm, estimates that when someone applies for a job, they now have a 0.4 percent chance of being hired-meaning you have a better chance of getting into Harvard than securing employment. It's even harder if you're Gen Z. A survey by higher-ed research platform Intelligent.com found that 38 percent of employers avoid hiring recent graduates for roles they're technically qualified for."
"This comes on top of the use of A.I. tools in hiring, which a Brookings study found favors men's names over women's and chooses "white" names 85.1 percent of the time, selecting "Black" names only 8.6 percent of the time. If we do make it to the interview stage, we now face multiple rounds and are subjected to interviews with chatbots and unpaid assignments that shift the cost and risk of hiring onto workers."
Hiring rates have collapsed, leaving applicants with an approximately 0.4 percent chance of being hired. Younger candidates, particularly Gen Z, face additional barriers as many employers avoid hiring recent graduates for technically appropriate roles. Automated hiring tools exhibit gender and racial biases, favoring men's and "white" names while under-selecting "Black" names. Interview processes commonly include multiple rounds, chatbot interactions, and unpaid tasks that shift costs and risks onto candidates. Declining union membership, layoffs, and A.I.-driven efficiency measures erode stable entry-level hiring and pressure candidates to accept lower salaries.
Read at Slate Magazine
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