Logging onto LinkedIn, your feed is likely full of "Open to Work" profiles and posts about the struggle of finding a job in today's market. Your LinkedIn inbox is probably a lot quieter with fewer recruiters reaching out with job opportunities than at the height of the Great Resignation just two years ago.
Whether you are a new graduate navigating a career pivot or just looking for greener pastures, the common sentiment of job seekers is that it's becoming exceedingly difficult to land an interview, let alone an offer. With applications up 6% from October 2023, competition remains stiff. To make matters more difficult, how hiring teams review applications has also changed.
Application tracking systems (ATS) are now the status quo for companies to manage job openings and vet potential candidates. While not a new development, they are continuing to shake up the job application process and transform how talent is evaluated, engaged, and hired.
Fueled by AI, these systems are now aiding hiring teams in ways that would have been unimaginable just a decade ago, through matching candidates to open roles, providing recommendations and explainable rankings, parsing résumés, and more. With these systems, recruiters are empowered to be more streamlined and efficient in managing applications, scheduling interviews, and connecting with potential candidates.