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Showing posts from August, 2023

The Applicant Tracking System (ATS) Doesn't Have to Be The Boogeyman

As the leaves change and the job market heats up post-summer, it's been a bustling period since our last update. At The Talent Co-op, LLC, we've been navigating the uptick with a keen eye on how technology impacts your job search—specifically, the much-misunderstood Applicant Tracking Systems (ATS). Far from the menacing figure some make it out to be, the ATS is a navigable aspect of job hunting, if you know the ropes. It's a tool designed to manage the flood of applications, not to arbitrarily discard them. Let's debunk the myths and offer you a lantern to guide you through this digital maze with ease. Tips and Tricks to Make the ATS Work for You: Tailor Your Resume: Customize your resume for each job application. Use keywords from the job description and mirror the language they use. Qualifications Are Key: Apply only if you meet the essential criteria. Stretching too far might just stretch your application thin. Keep It Simple: Use standard fonts and formatting to en

Mastering The 'Tell Me About Yourself' Question In Interviews

One of the most common yet crucial questions asked in job interviews is, "Tell me about yourself." It might seem simple, but your response will set the tone for the rest of the interview. It is an opportunity to frame your experience and skills in a way that shows you are the perfect fit for the role. In this blog post, we will dive deep into crafting a compelling answer using a specific formula and will also share how The Talent Co-op can help you with career coaching and interview preparation to set you up for success. The Formula A great way to approach this question is by using the following formula: Career Trajectory (start of career to now, with skills) X Current Role X Future Let's break it down with an example: Example: Career Trajectory "Hello, I am Alex, and I started my journey with a degree in Computer Science and Information Technology from Boston University. My career kicked off as a junior software engineer at Brilliant Softwares Inc., where I honed my

The Importance of Retained Search in Executive Recruitment Amid Changing Labor Trends

The landscape of recruitment has undergone significant transformations, influenced by the Great Resignation, economic uncertainties, and shifting labor market dynamics. As layoffs decline and companies cautiously expand, retained search has emerged as a key strategy for filling leadership roles, offering tailored solutions to find executives who can lead organizations forward. Recruitment Challenges in the Wake of the Great Resignation The Great Resignation caused a shakeup in the global talent market, resulting in high turnover rates and subsequent challenges in recruitment and retention. However, recent data highlights a positive turn. U.S. layoffs have fallen to their lowest level in nearly a year, with 23,697 job cuts announced in July 2023, marking a 42% drop from June and an 8% decrease from July 2022. While the beginning of the year witnessed more than three times as many job cuts compared to the previous year, this trend appears to be nearing its end. Employers have continued t

Navigating the Job Market Cool Down: The Power of Professional Branding

The recent job market has experienced a significant shift, as evidenced by the new August jobs report released by the Bureau of Labor Statistics (BLS). The report shows that only 187,000 new positions were added in July, with June's figures being revised down from 209,000 to 185,000. While the unemployment rate is stable, this downturn is an indication of a slowdown in the economy. The question now is: How can job-seekers navigate this new landscape? Key Insights from the Job Market A decline in job growth in the leisure and hospitality sector Healthcare, social assistance, and finance fields experiencing strong gains More extended periods of unemployment, with 36.9% of job-seekers being out of work for over 3.5 months Standing Out in a Challenging Market With such shifts in the market, it becomes more important than ever for individuals to make themselves stand out. This is where professional branding comes into play, and it includes optimizing various aspects of your professional

Why Job Hunting Feels So Strange Right Now: An Insight into the Modern Job Market

Job hunting has always been a complex task, but recent developments have made it even more challenging and weird. Factors such as economic instability, technological advancements, the proliferation of "ghost jobs," and a shifting landscape in various industries have combined to create a perplexing environment for job seekers. Let's dive into the underlying causes and the real-life stories that reflect this change. The Struggles of Job Seekers Real-life experiences, like that of Michael Keach, a 51-year-old laid-off senior manager from Wayfair, showcase the current turmoil. Despite having a strong background and a seemingly robust job market, Keach's inability to secure a new position is a story that resonates with thousands of job seekers. Others, like Bishoy Riad, who was laid off from his San Francisco tech job, share similar tales of applying for roles and encountering bizarre and demoralizing experiences. Economic (and Emotional) Turbulence While the labor market