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The Hidden Job Market: Real or Imagined?
The hidden job market has been touted as the place to go if you want to find the best jobs. It's been said that this sector of the job market accounts for seventy-five percent of all the job openings out there. If that is true, then what we see in the classifieds and on the Internet job sites account for only twenty-five percent of all job openings. So the question becomes, is the hidden job market a myth or does it truly exist? The hidden, or unadvertised, job market does exist, and can be located. When a company advertises a job opening in the classifieds and on the various job sites, it takes three to four months for that position to be filled. Since companies lose money every day a position remains open, advertising a job opening is seen by many as a non-viable approach. Roughly seventy-five percent of all job openings are therefore unadvertised, which means you will not see them posted on any of the job sites. You will not be aware of their existence. They are indeed hidden opportunities. It is absolutely worth your effort to find these opportunities. Companies have learned to search for viable candidates using three fundamental strategies other than advertising: networking, using recruiters, and probing the job sites. So how can you take advantage of these approaches to tap the hidden job market? Networking isn't an approach exclusive to hiring companies. You, too, can engage in networking with all the people you know. As an extremely powerful strategy accounting for roughly 80% of all job fills, networking allows you to get in doors that would otherwise be impossible to enter. You can network your way into potential opportunities that can turn into the right job created just for you. Networking is one of the best ways to tap the hidden job market! Screening and reviewing hundreds of resumes for accuracy and position viability is time-consuming. When the job-required personality doesn't materialize at the interview, more time is wasted. For this reason, more and more employers turn to recruiters for a more efficient hiring process. A recruiter uses exhaustive screening procedures as part of their candidate search process. They charge a fee to the employer for this service, but it is worth it in terms of time and effort. Recruiters utilizing keyword searches scour the top job sites in search of candidates to fill their unadvertised job openings. Recruiters will find you as long as your resume is a match to the qualifications of the position they need to fill. So one of the best ways to capitalize on a recruiter's mission, and to indirectly tap the hidden job market, is to post your resume to the top career sites. It's a simple yet powerfully effective way to avail yourself of all the unadvertised positions out there, and take your job search to a whole new level. Copyright © 2005 TopDog Group All rights reserved. David Richter is a recognized authority in career coaching and job search support. He has spent many years in recruitment, staffing, outplacement, counseling psychology and career management spanning most industries and professions. David founded TopDog Group in response to the needs of job candidates to have a higher quality of career coaching and support available on the Internet. David understands the mechanisms for success. He has formulated specific strategies anyone can use to secure interviews and receive offers. His extensive knowledge and experience sets David apart in this field, allowing him to offer a wealth of information and a vast array of tools, resources and strategies not found anywhere else. He has shown countless job seekers how to differentiate themselves and leverage their potential to the highest possible level, making a real difference in their careers. David holds both a Bachelors and Masters in Electrical Engineering and a Master of Arts in Counseling Psychology. David's website address is: http://www.procareercoach.com
MORE RESOURCES: Careers University of Northern Colorado February US job openings slip to 7.6M, consistent with a healthy but decelerating job market AP News Supply Chain Lowe's INTERNSHIP - SIMULIA EMAG User Success Dassault Systèmes Careers City of Phoenix (.gov) Working for ICE ice.gov How to use AI to get a job interview and nail it – along with the salary you deserve | Job hunting The Guardian Careers City of Ontario, California (.gov) Careers at Prairie View A&M University PVAMU Home Careers | Home USDA (.gov) Careers at FEMA FEMA.gov Careers and Jobs at CRS Catholic Relief Services Meet a millennial who quit her tech job, temporarily moved to Paris, and started a baking business in NYC Business Insider Careers - MDOT Maryland.gov Careers Baxter Current Job Opportunities City of Keene (.gov) Work at Fairfield Fairfield University Jobs City of Rochester, New York (.gov) Corporate Career Job Areas Target Employment Opportunities | Game Commission Commonwealth of Pennsylvania (.gov) Store Hourly Job Areas Target Careers at USCIS USCIS (.gov) Careers at TWU Texas Woman's University Jobs and Training at FDA fda.gov Work at Butler Butler University Employment | Department of Corrections Commonwealth of Pennsylvania (.gov) Job Search Results UnitedHealth Group Careers Work With Us National Oceanic and Atmospheric Administration (.gov) Careers at University of Missouri Health Care | University of Missouri Health Care jobs University of Missouri Health Care Careers at Willamette Willamette University Career Opportunities UMHB Careers Johnson & Johnson Career Opportunities Gilead Sciences Finding Your New Career at the City of Phoenix City of Phoenix (.gov) IOM career gateways International Organization for Migration Careers Washington State University Jobs at Liberty University Liberty University Federal Workers: We Want You ny.gov Careers BASF Healthcare Jobs at Novant Health | Novant Health Novant Health Jobs and careers | Veterans Affairs VA.gov Home | Veterans Affairs I landed job offers at Meta, Microsoft, and Google, thanks to this LinkedIn hack anyone can use Fortune Student internships at J&J Johnson & Johnson Careers Career Comeback UBS Certified Direct Care Professional (CDCP) Wisconsin Department of Health Services (.gov) Future of Jobs Report 2025: The jobs of the future – and the skills you need to get them The World Economic Forum Work for the City of St. Louis City of St. Louis, MO (.gov) Careers WVDE Careers The Ocean Cleanup Ready for your next great job? ADP Careers Our Hiring Process Target UF Health Careers UF Health Careers Job Seekers Illinois Human Resources Careers CrowdStrike.com Careers KPMG Careers at Union Union College March 2025 Preview: What to Expect in the Jobs Report Center for Economic and Policy Research EPA employees rally in Denver against President Trump’s job and funding cuts Colorado Public Radio Careers at Balfour Beatty Balfour Beatty Jobs for Veterans and transitioning military VA Careers (.gov) Job Opportunities Bellevue School District Examples of Jobs You Can Pursue With a Degree in Health Science Southern New Hampshire University Talent Solutions CBIZ The Job Market Is Frozen The Atlantic Careers Euromonitor Interview Guide and Tips Target Provincial Government Job Opportunities Government of Prince Edward Island Current opportunities Turner & Townsend Recorded Video Interviews Target Jobs & Internships EdTrust Why hasn’t AI taken your job yet? Financial Times RESTORING ACCOUNTABILITY TO POLICY-INFLUENCING POSITIONS WITHIN THE FEDERAL WORKFORCE The White House (.gov) How many jobs are available in technology in the US? Computerworld Surging job market could prove costly for households, businesses as odds of quick rate cuts fade AP News WORK AT LVMH LVMH Careers at Jacobs Jacobs Work with us JPMorganChase Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here' CNBC Careers at Sinai Health Sinai Health Internship Opportunities | Careers Boston Consulting Group |
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