It’s a good idea to familiarize yourself with numerous data about the job-seeking process. Getting a job is not always simple, and more often than not, it’s a difficult one.
Job Interview Statistics
You’re one step closer to finding a job after having an interview. However, at this point, you must give your all to stand out from the competition and be considered for the position. An interviewee’s performance may be gauged by looking at the following data.
- The typical interview procedure lasts up to 27.5 days.
Rather than focusing on the typical interview time, let’s look at the full process, from writing the job description to eventually employing your selected candidate. During the recruiting process, companies typically conduct many interviews, either online, over the phone, or in person, to narrow down the potential employee pool.
2. In the United States, job seekers over 40 are significantly less likely (46% to 68%) than younger candidates to obtain a job offer.
Professor David Neumark’s research demonstrates that age-blind recruiting practices provided 40+ applicants the same likelihood of being employed as their younger colleagues until their age became obvious in person (at which point they were 46 percent less likely to get hired). According to Neumark’s research, the odds of individuals who had to reveal their age immediately were considerably slimmer: 68% fewer than younger applicants.
While the chances of landing a job at 55 aren’t excellent, the Bureau of Labor Statistics reports a 5.8 percent unemployment rate for those over the age of 55.
3. 91% of US firms favor individuals with job experience.
A career change may be difficult while looking for your first job, but you shouldn’t be afraid to take advantage of a good chance if it arises. 91% of companies prefer applicants with some job experience, while 66% strongly favor employing those with relevant work experience.
4. The spoken word conveys just 7% of the meaning.
According to several human resource data, hiring managers often search for candidates with outstanding verbal abilities. A psychology professor from the University of California claims that the spoken word conveys just 7% of the meaning.
The tone of the speaker’s voice accounts for just 38 percent of the communication process. Maintain eye contact and speak properly throughout the interview to seem confident.
Networking and Referral Statistics
The odds of acquiring a job via a reference or through networking are rather high, as are the chances of getting a job through an online job board. Companies often use internal recruitment instead of job advertising to find new employees.
Networking and connecting professionally with your past employers are critical to a successful career.
5. In the United States, referrals account for 30 to 50% of all hiring.
Compared to other candidates, referrals with an interview have a 40% higher probability of being hired. Only 6% of job seekers were suggested by another firm, according to research conducted by MIT and the Federal Reserve Bank of New York. But even though it’s a modest number, around a quarter of all recruits come via recommendations.
6. 85% of job openings are filled via some type of networking.
A stunning 85 percent of all employees are discovered via networking, making it a vital part of almost every organization. Both active and passive job searchers relied heavily on networking as their primary method of finding employment.
After-College Employment Statistics
For most people, college is a gateway to a better-paying career. However, even if you have a diploma, you may have to wait a time before you can acquire a job.
As a recent college grad, you may find these data helpful in preparing you for job-hunting.
7. Only 67% of college graduates in the United States obtain training from their first workplace.
A 2017 research by Accenture found that just 67% of the 2015/16 graduating class got training from their first company when it came to finding a career after college.
Even though 78 percent of 2017 college graduates completed an apprenticeship or internship, 97 percent said they would require extra training to advance their professions.
8. 68% of US workers say they are overqualified for their present position.
Many individuals quit their existing jobs because they don’t think they’re being challenged enough in their current roles. According to Gallup’s research, most American workers think they are overqualified for their present position and possess more knowledge and education than is needed.
9. 10% of full-time students in the United States work more than 35 hours per week.
Students who are enrolled in college full-time or part-time sometimes choose to work to help pay for their studies and living costs. 17 percent of full-time students work between 20 and 34 hours per week, while 10 percent work more than 35 hours per week.
Part-time students, not unexpectedly, put in even more hours at their jobs. Approximately 24% work between 20 and 34 hours a week, while 47% work 35 or more hours per week.
10. It takes, on average, about three and six months after graduating to find work.
Some college students work while enrolled in school because they need extra money, but this is not the case for all students. A job might take three to six months to find after graduation. Therefore some are working merely to get work experience and increase their chances of being hired. About 53% of recent college grads are jobless or working in occupations that don’t need a bachelor’s degree or equivalent experience and training.