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Darren Findley, President of Engage2Excel Recruitment Solutions, has a unique perspective on today’s job market based on three decades of recruiting experience across all major industry sectors. He shared the following key statistics* in our last Trendicators Report, along with insights on trends and how to optimize recruiting for 2023: 

If there is one thing that will improve the effectiveness of recognition in your organization, it’s undoubtedly giving recognition to people more often. Put the following practices into place, so you can increase the number of times recognition happens in your organization: 

Looking for a new job in today’s market requires technological and networking skills like never before. Knowing that 60% of jobs are found through networking, 77% of recruiters rely on LinkedIn and other job search engines to find talent. To top it off, 75% of resumes get rejected even before they make it to the hiring manager. Candidates are using social media to build a profile while using their profile page as an opportunity to make a visual resume. They’re also connecting with other working professionals in the desired field and growing networking connections. This is the current state of today’s job search environment. 

The past year has indeed been challenging with rising inflation, wage growth, talent shortages, global instability and supply chain disruption. While all these concerns are expected to continue this year, our Trendicators Research & Insights advisory board members are optimistic that 2023 will be a year of recovery. In fact, we asked them to characterize 2022 and describe their outlook for 2023. Some words shared for last year were, “Chaos, Crazy and even Exhausting,” while their sentiment for this year had a more positive outlook “Realign, Stabilize X2 and Outperform.”All signs that calm could be on the horizon.