Question:"What is the source of the research that 70% of jobs are hidden, not advertised? I read it all of the time but there is never any source of this research."
Answer:
This information comes from the Us Department of Labor. However, it is a bit misleading because it actually refers to the fact that major companies not advertising their jobs themselves. The statistic reads 75% to 85% of jobs are not advertised in the newspaper or posted on Web job boards.
The reason this is misleading is because the majority of large and mid-size companies use staffing agencies to recruit for them rather than incorporating a huge HR cost into their budgets. These staffing agencies will place the jobs on the job boards and advertise and in the end the client company is actually paying for these costs. They pay for them by way of a permanent placement fee or a mark up on a consultants hourly pay. In the end they are not directly advertising, so it does not count towards this statistic.
Staffing companies will utilize this statistic to get you to work with them, and I do suggest working with them because we have a direct connection to the client companies usually. However, do not let this statistic dominate your view or approach to your job search.
Also, According to a department of labor statistics; 48% of jobs are found through friends, business contacts and relatives: 24% by direct company contact; 13% by combination of both; 5% job ads; 4% by search firms; 6% through unions, college and private placement firms.
What they are really stressing here is that your job search should not entirely be based on job boards and should be focused on building your network. For clarification I have linked to some sites below that back up what I have mentioned. The main point they are trying to let you know here is that networking is key to your employment search... The last link below really focuses on how you should spend your time on your job search as it relates to advertised and non-advertised position.
http://www.dol.gov/odep/archives/media/speeches/vital.htm
http://www.dol.gov/vets/programs/tap/tap3_4.pdf
http://www.doleta.gov/Seniors/other_docs/jobSearch.pdf
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Reader Comments (Page 1 of 1)
Danielle says: (3:29PM on Sep 11th 2009) Vote Up Vote DownReport2/5
You should be ashamed of yourself going after the unemployed and those struggling in this economy with that scam e-bay stuff that isn't even associated with e-bay or google as they suggest in the name and drains them of their bank accounts for months with charges that go on for months even after cancellation!!!! Shame on you!
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jeffc says: (9:20PM on Sep 10th 2009) Vote Up Vote DownReport2/5
My experience with agencies has been grim, they've been misleading to say the least!, thier pay scale compared to the "regular" market is laughable, bordering on insulting, and a lot of the companies that use them treat the "temps" like dirt. there are a very few agencies around here that are "ok", but i won't use any of them.
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sendafay says: (10:35PM on Sep 10th 2009) Vote Up Vote DownReport2/5
Jobs in government departments, whether street workers or accountants, are often filled by word-of-mouth referrals from other employees, before the job is even advertised. The guy on the street has no clue that he doesn't have a chance.
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ThatPirateGuy says: (5:52PM on Sep 18th 2009) Vote Up Vote DownReport2/5
In my case I found a job for a government agency because my mother spotted it in the paper. I wasn't going to apply as they wanted 5 years experience and I only had four.
The good news is that I listened to mom applied. After the interview I followed up and learned they needed another copy of my resume. I got the job, a hefty pay increase and lower health premiums.
Good luck to everyone out there.
dil doe says: (11:14PM on Sep 10th 2009) Vote Up Vote DownReport3/3
i know where the "HIDDEN" jobs are! china india japan korea etc
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Carol Knight says: (1:03AM on Sep 11th 2009) Vote Up Vote DownReport2/5
I lost my job as a payroll specialist. I have heard and read about these work from home data jobs, but how can I find which are legitimate? A lot of them direct you to send money to them "to get you started". Is this how the data entry industry makes money? From people who are really just trying to survive. Pleae respond asap. Thank you.......
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Ekeout says: (2:55AM on Sep 11th 2009) Vote Up Vote DownReport2/5
I have a degree in IO Psych and worked in Entertainment HR for
one of the largest companies in the world. The jobs are not hidden
but rather aready spoken for and filled. By law you have to post the
postion available and previously it was on company boards and newspapers
or trade papers. The internet allows the job be posted to the world and
fulfiill their legal obligations but interviews for the position are required
by law. If you get an automatic response to your job submission it is
already been filled internally. Submission through an existing employee
is the only sure way to land a job.
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ThatPirateGuy says: (5:52PM on Sep 18th 2009) Vote Up Vote DownReport2/5
In my case I found a job for a government agency because my mother spotted it in the paper. I wasn't going to apply as they wanted 5 years experience and I only had four.
The good news is that I listened to mom applied. After the interview I followed up and learned they needed another copy of my resume. I got the job, a hefty pay increase and lower health premiums.
Good luck to everyone out there.
Reply