Stuff you should know
From missing jobs data and clever scams to AI skills taking center stage and candidates doing the unexpected, this week’s recruitment newsletter has all the stories you didn’t know you needed.
Oh, and a Podcast recommendation, too!
The Market Pulse
September jobs data MIA; hiring decisions hit pause
The US September employment numbers weren’t released due to the government shutdown, leaving businesses and investors in the dark. For recruiters, it means guessing whether to push hiring, adjust salaries, or wait it out. Basically, they are flying blind, too!
Talent Intelligence Drop
When your dream job turns into a nightmare…
Nicole Becker was thrilled about her new job. But it was short-lived as she found the “recruiter” was a scammer asking her to buy her own equipment.
With AI making scams more convincing and a tough job market fueling desperation, it’s no surprise that job fraud is on the rise. Americans lost $12B to them last year.
The worst part? Stories like this make people doubt even the good recruiters.
AI Corner
Jobs vs. AI: So far, the humans are winning
A Yale study shows that employment has remained mostly stable since the launch of ChatGPT. The job patterns of recent graduates resemble those of older workers at the same career stage.
The small drop in openings? Experts attribute this to interest rate hikes and economic shifts, rather than AI.
Good news for recruiters? They can now focus on skills and adaptability, without the looming fear of AI.
Future Flash
The job market has a new rule
According to LinkedIn’s CEO, a shiny degree won’t open all doors. Future jobs favor those with AI skills, flexibility, and human insight. Employers would rather hire someone who knows AI than someone with more experience but no AI skills.
For recruiters, the game’s changed too. They’d have to find people who are smart with AI and flexible, not just with big credentials.
The Red Flag Radar
Ever seen someone lie about working at your own company?
A recruiter shared a job application that had made her stop and blink. The candidate made a big spelling mistake and also claimed they’d worked at the very company they were applying to. What’s more, they even added a fake reference!
She’s honestly thinking of interviewing them just to ask… “Really?”
Some applicants make it way too easy to spot their lies.
A Nod from Our Clients
“I have been partnering with them for years, and they continue to help my firm succeed while bringing new technology and best practices to my attention. " ~Greg H.
Full disclosure: we’re not tooting our own horn; that praise came straight from a client.
Clearly, someone’s doing something right here!
With support like that, keeping up with the ever-evolving hiring world suddenly feels a lot less stressful. We understand that finding the right people takes more than a traditional approach. With a recruiting partner who understands these changes (just like BPO Wizard), finding the right talent suddenly gets a whole lot simpler.