What estimates suggest the percentage of available roles existing within the hidden job market?
Answer
Upwards of 70% or even 80%
The text indicates that a significant majority of available roles reside outside of public view, specifically citing estimates suggesting that upwards of 70% or even 80% of jobs exist within what is termed the hidden job market. This contrasts sharply with positions found by scrolling through public job boards. These hidden roles arise from internal promotions, immediate creation due to unexpected departures, or fulfillment via word-of-mouth before any formal advertisement commences. Understanding this high percentage is crucial because it implies that relying only on advertised listings means competing in a small fraction of the total employment landscape.
Related Questions
What estimates suggest the percentage of available roles existing within the hidden job market?What is the single most effective way to tap into the hidden market through networking, according to the strategy described?What is the primary goal during an informational interview when speaking with someone in an interesting role?Why might a company choose to promote internally when filling a vacancy, rather than advertising publicly?Which key people should be the focus when identifying targets for direct outreach, bypassing the general HR inbox?What crucial element, besides who was emailed, should an Intelligence Log record to maintain thoughtful, consistent outreach?When comparing advertised roles versus those found through preparedness for rapid internal needs, which describes the typical speed difference?When crafting a Value Proposition for direct contact, what should the communication focus on to demonstrate expertise immediately?What characteristic defines the specialized, professional placement agencies in contrast to general online job aggregators?What constitutes the minimum expectation for following up after any informational interview, networking event, or direct contact?