The New Year is the Best Time to Start Job Searching!
Posted January 3rd, 2019
As 2019 gets underway, people start looking toward the future. They imagine what they want to have in the coming year, making plans to turn their goals into realities and working diligently by taking the first steps.
For many Americans, finding a new job this year is a primary goal. However, some may wonder whether now is the right time to start a job search.
Luckily, the start of 2019 is an ideal time to get your job search underway. If you are wondering why, here’s what you need to know.
Unemployment is Low
For the last year, the unemployment rate has averaged under 4 percent. As of December, it sat at 3.9 percent, showcasing just how slim the labor market has become.
While low unemployment poses challenges for companies, it creates opportunities for job seekers. Often, this means you’ll face less competition when applying for a position, and businesses may offer more incentives to entice you to become their employee.
Whether you are looking to start on a new career path or receive a promotion by securing a new job, taking advantage of low unemployment number can be wise. Obtaining a solid salary and strong benefits package may be easier now than if unemployment climbs, so there really isn’t a reason to delay your search in that regard.
Companies are Hiring
As of last November, the most recent data available, there were 6.9 million job openings across the US. That represents a ton of opportunities, showing clearly that companies are poised to hire skilled candidates.
Plus, January usually marks the beginning of new budget cycles for businesses. This means, if they intend to expand their workforce, they now have the funds available to make that happen. As a result, more job openings are likely to be posted during this time of year.
Additionally, many employees who decided to retire make the end of the year their last day. This can create additional vacancies that need to be filled, especially in upper-level positions.
However, it is important to note that hiring often increases dramatically starting in February, not January. Why? Because companies need time to review applications, make decisions, and create offers.
If you wait until February, you may miss out on a wide variety of jobs that were posted in January. If you truly want to find a new role in 2019, getting started right away is the best approach, allowing you to take advantage of new listings and companies that are ready to hire.
Ready to Start Your Job Search? Contact Bayside Solutions!
If your New Year’s resolution involves finding a new job, the team at Bayside Solutions can connect you with leading employers and exciting opportunities throughout the Bay area. Contact us to discuss your ideal role with one of our skilled and experienced recruiters today and see how our job search expertise can make finding your perfect job easier than ever before.