The Hidden Job Market is not really Hidden

Hidden Job Market – not really Hidden?

Research shows the majority of jobs come through the Hidden Job Market. The hidden market comprises jobs that are not published or in the public domain.

The exact extent of the hidden job market is a subject under debate. For a long time, it was commonly thought that it comprised 80-90% of all jobs. Today, this figure has been moderated, to some extent. Recruiters and industry leaders are of the view that the figures (80-90%) are a myth in today’s wide-open social media and connected Metaverse.

The fact remains that companies, looking for cost reduction, will certainly explore internal options, employee referrals etc, to begin with. It would be a fair guess to say that 50-60% of jobs are unpublished – for various reasons, confidentiality and costs being some of them. So, ignoring the hidden job market in your job search is like looking at less than half of the picture.

The most powerful tool for uncovering unpublished jobs is WOM (Word of Mouth). Its reach is far more than social media, and its success rate is much, much higher, in getting you that all-important Interview,

Networking in-person and online also helps you to find jobs that are not published, in the first instance at least. It makes eminent sense for employers to explore internal talent, as a first step. It’s here that your networks, work for you.

Use the full potential of the Hidden Job Market in your Job Search Strategy.

Solve the Hide and Seek puzzle