Attention Economy


Friday, June 19, 2015

Evolution of the Job Search Process

Companies are taking longer to finalize their hiring decisions. A WSJ piece notes
“the average interview process in the U.S. took 22.9 days in 2014, up from just 12.6 days in 2010... 
The increase in the length of the job-interview process has occurred not only in the U.S., but in France, Germany, the U.K., Australia and Canada according to the report. That suggests that U.S. labor market or health-care regulations aren’t the primary culprit behind the increasing length of the hiring process. Mr. Chamberlain’s theory is that as the economy shifts to more-skilled and less-routine jobs, the hiring process will naturally get more complicated.”