Job applications see 11% surge at year end…
Candidates were well prepared for the ‘New Year, New Me’ mantra, by getting ahead of the January rush, with job applications up 11% during the end of 2016.
According to data from totaljobs, applications rose during the final three months of 2016, when compared with application numbers during the three months prior.
The Totaljobs Employment Index, which measures activity across the totaljobs website, also found that job hunting at the end of the year significantly grew in 2016, with applications in the last three months of 2016 25% higher than the same period in 2015.
The regions with the highest number of applications throughout the year end were East Anglia, Scotland and the South West – up 38%, 34% and 32% respectively.
However, there could be many disappointed jobseekers as they weren’t alone in using the end of the year to find new employment. At the end of 2016, the number of applications for each available job rose by 18%.
Yet, separate data gives reason for jobseeker optimism. The second report in totaljobs’ Understanding Talent series revealed that most employers (59%) have vacancies open for one to two months before they successfully hire.
Whilst a further 20% of employers have to chase applications for three to six months, just one in six employers (17%) have vacancies open for a month or less.
John Salt, Director at totaljobs, comments on the research: “There’s never an ‘easy’ time to hire a new member of staff, but what this latest data shows us is that the trend for job hunting in the new year actually starts much earlier, towards the back end of the previous year.
“For those recruiters that might find it a bit harder to attract candidates quickly, such as the 20% that have to leave vacancies open for three to six months, it could be worth trying to move the time you recruit towards the early winter months, where demand is high. On top of this, offering the right package of benefits, and using the correct recruiting methods, remains important.”