19 June 2020 | Career Advice | Guest Author
The impact of technology on labor markets is significant. Job seekers can reach out to prospective employers with one click. These are 6 ways of how technology changes job searching patterns.
Prior to the World Wide Web, getting a high-paid job was a fortune. With the lack of opportunities, people would look for job ads in newspapers or rely purely on word of mouth to learn about a good position. It would take months for an individual to get a job.
Today, the recruitment process is much faster. There is no need to print and mail a resume to apply for a vacancy. Technology created a convenient digital environment where applicants and recruiters can interact and communicate being miles apart from each other. Job search platforms include millions of users from all over the world and allow job seekers to look for the opportunities irrespective of their location.
Technology has greatly changed the way we work. These are 6 basic ways of how the job market has been transformed over the last decade.
Social media are one of the primary tools for job searching. Statistics on technology and job search demonstrate that 77 percent of recruiters rely on LinkedIn which is the most used platform to connect with potential employers. It is designed to let every user describe their skills and experience and show portfolios so that potential recruiting agencies can find relevant candidates faster. However, Facebook and Instagram are used on a par with LinkedIn. As such, by running different social media accounts for professional purposes, you can increase the chance of being noticed by the top companies.
One decade ago, few occupations boasted an enhanced level of flexibility. Most companies used to want all of their staff members to be present in the office on a regular basis. Today, a vast number of occupations do not constrain employees in how they work. For example, most companies operating in the IT field promote flexibility at work, allowing their employees to build customized schedules and change their location anytime they feel the need to. Remote-based jobs are no longer considered a part-time option. It offers the same perks and career prospects as in-house workers have. Moreover, it led to the rise of virtual companies that bring together the most brilliant people from all parts of the world.
The use of AI in the recruiting market a new stage in the job market when HR managers started employing smart tools to detect the best candidates among thousands of applicants. AI-based recruitment software is programmed to search through numerous CVs and cover letters by specific keywords. As a result, HR managers interview the best-suited candidates who possess relevant expertise and the right skills to excel at a vacancy. With the adoption of AI in recruitment practices, many companies complete their job contests a lot faster and more effectively. Similarly, AI assistants are employed to research the job market and identify all possible vacancies in a specific niche. This feature is of much use to recruiting agencies that strive to keep abreast of the job trends.
Accessibility on mobile phones
Mobile technology drives major changes across many sectors. Job searching apps gain popularity as it is a simple way to apply for appealing jobs. Some apps have support for conferencing and video interviews, which makes it easier for job seekers to communicate with their potential employers. The appeal of mobile apps also lies in the job-seeker’s ability to track their application’s status and see what companies are interested in them. One way or another, a smartphone is an important tool for exploring job opportunities and finding brighter prospects.
New office culture
Technology has also improved a working environment in many ways. The majority of offices now have comfortable open spaces that let employees feel at ease when performing their duties. This type of workspace allows for more interaction and less emotional stress. Employees are not required to follow a dress code but, on the contrary, are encouraged to dress in any style and can play VR and video games or do sports in their break.
At last, it is easier to monitor trends on the market using technology. To date, every job-seeker has a good understanding of the average salary as well as what companies are more alluring in terms of career growth. This knowledge allows every applicant to be more competitive and demanding in their job expectations. The access to various data and statistics empowers job-seekers to ask for a higher payment as employers cannot trick them into accepting unfair contract terms.
More robots, fewer jobs?
Many believe that the growth of technology carries a risk to many workers that can eventually lose their workplaces as soon as machines start fully replacing them. Technological unemployment is an alarming issue because a number of jobs have already been automated with no further need for human involvement. Despite the trend for extreme robotics in many industries, technology is unlikely to have an adverse effect on the job market. While some occupations will become obsolete in the near future, AI and other break-through technologies are going to create new jobs and accordingly more workplaces that will require an influx of people from other sectors. Therefore, if you are ready to develop multiple skills, you will never end up being unemployed or having a dead-end job.
Betty Lockwood is a web developer, blogger, fintech expert and caring mother of two kids. She loves to write about new technologies, business news, travelling, and music events. Betty is also editor-in-chief at Computools. Follow Betty on Twitter.