Journal logo

What is Job Seeker's Market Today?

The job market is much better for jobseekers now than it was during the recession.

By Courtanae HeslopPublished 3 years ago 5 min read

The job market is much better for jobseekers now than it was during the recession. There are more jobs available than there are applicants. This means that you have negotiating power when applying for a position, but it also means that employers want to hire skilled workers who can fill those positions quickly and efficiently.

The job market is much better for jobseekers now than it was during the recession.

The recession was a period of slow economic growth and high unemployment, so when you're looking for a job you're going to want something that can be done right away. Now, however, there are more jobs available and employers are more likely to hire someone with less experience than they were before. This means that your chances of getting an interview have improved significantly—and if you get one then your chances of getting hired have skyrocketed even further!

There are more jobs available than there are applicants.

The economy is growing, so there are more jobs available than there are applicants.

The unemployment rate is near record lows. In fact, it's been so low for so long (6%) that some people think it should be lower still! That's because since 1981, average annual job growth has averaged only 1% per year—and that's why we're seeing an explosion in unemployed workers looking for work.

However, while the number of jobs may be increasing faster than your friends' workloads can keep up with them (or yours), don't worry—the ratio between open positions and applicants hasn't changed much either: there are currently 2 unemployed people for every open position on Indeed or Monster combined; if you're not sure which one is right for you (or both), go ahead and try both out!

This means job seekers have negotiating power.

The best way to negotiate your job offer is by first understanding the market. The best way to do this is by knowing what other people are making and setting a baseline for what you want in an offer.

This means that when you're looking at an offer, you should compare it against other companies in your field, industry and location. You should also look at what other people are getting paid at those companies—this will give you information about how much they could be worth to a company as well as how much they're willing to pay them (and hopefully give some insight into how much they think they need).

Once all this information has been collected, then it's time for negotiations!

There are more people looking for work than there are jobs in some areas.

This is happening because of the Great Recession, which caused unemployment to skyrocket and made it harder for young people to find a job that paid enough to support themselves and their families. Some people who lost their jobs got lucky and found new positions quickly, but others didn't and had to go through months or even years of unemployment before they could start earning again. Many workers who were laid off during this time have never fully recovered financially—and may not ever be able to do so because their skills aren't transferable from one industry to another (for example, an accountant may not be able compete with her former clients).

Skilled workers in certain fields are especially in demand.

If you're a skilled worker in one of these fields, it's best to prepare for the worst-case scenario: Job seekers will be competing against each other.

For example: A software engineer who recently graduated from college could have hoped that his or her skills would appeal to more than just one employer. However, with so many people applying for those jobs and so few openings available (and those positions being highly sought after), there's no guarantee that the person who offers you the job has any intention of keeping you around long enough for your new position to become established or profitable. Even if they do get hired at first place, don't expect them or anyone else on their team—including yourself—to last long either! You'll probably be replaced as soon as possible by someone else willing/able to work harder than either side does currently (or ever will).

One example? Software development.

If you're a software developer and have a job, that's good news. Software development is one of the fastest growing fields in the U.S., and jobs are in high demand all over America (including here in Silicon Valley).

There's another reason why this field has become so popular: It pays well—a lot better than many other jobs that require similar skillsets. In fact, computer programmers who work in Silicon Valley earn an average salary of $112K per year! That's more than double what they made only 10 years ago!

Some companies are willing to hire untrained applicants and pay for the training themselves.

The fact that some companies are willing to hire untrained applicants and pay for the training themselves is a sign of a healthy economy. It means that employers are confident in their business, which means they’re confident about the future of their own company and industry as well.

If this sounds like something you want to be a part of, then it’s time for you to start looking at job boards across the country. You can also check out some online courses that teach beginner skills like resume building or interview preparation.

A jobseeker's market is a healthy sign of the economy overall.

A jobseeker's market is a healthy sign of the economy overall. When jobs are scarce and employers compete for skilled labor, it's generally good news for both sides in an employment relationship: The employer gets to hire someone who will add value to their business, while the candidate gets to show off their skills and get paid well for doing so.

This is especially true if you're working in an industry where there are more jobs available than there are applicants—for example, construction or manufacturing. If you have experience building things from scratch (or just know how to use tools), then you can probably find work as a carpenter or electrician; if your medical training gives way to expertise in dentistry but also allows you to practice other areas of medicine (such as family care), then perhaps becoming an M.D.-PhD would be more lucrative than working at homeopathic clinics all day long making extractions out of apple seeds!

Today, employers are competing for skilled labor

Today, employers are competing for skilled labor. This is a good thing. It means that job seekers have more negotiating power and can expect to earn higher wages than they did five years ago.

The reason why this happens is simple: employers are willing to pay more for top-quality employees because they know that these workers will not only be productive on the job but also will help them grow their business in the long term.

Conclusion

Job seekers have more power than they did before the recession, which is a good thing. A healthy job market means that there are more opportunities for people to find work and earn money. And with more competition for skilled workers, you can be sure that employers will work hard to attract qualified applicants as well

workflow

About the Creator

Courtanae Heslop

Courtanae Heslop is a multi-genre writer and business owner.

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2026 Creatd, Inc. All Rights Reserved.