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What to do in a Quieter Job Market

If you have been on the job market for a while, you might be wondering why it seems like there are fewer opportunities available in the summer months.

The truth is, there are many reasons for this. School holidays and annual leave mean that more out-of-office notifications are on than at most other times of the year. As a result, many companies will press pause on hiring until working patterns go back to normal.

A quieter job market gives you a great opportunity to prepare yourself for when more vacancies do become available again, which ultimately leads to a more efficient and stress-free job search in the future.

In this blog, we have detailed some important actions you can take during a quieter job market to set yourself up for success.

Watch Out for Learning Opportunities

According to Forbes, one of the key trends in the job market in 2023 is “quiet hiring”.

Quiet hiring is essentially when a company gives their existing employees new responsibilities or projects that go beyond their current job description.

This isn’t necessarily a good fit for everyone – and there are certainly instances where employees could be taken advantage of. If you do take on extra responsibilities, get these in writing from your employer. You should also try to negotiate a pay rise as well, even if this new project is only a temporary change in scope for your role.

This hiring trend could however also have benefits for you in the short term while the job market is quiet. You will have new experience under your belt which you can talk about in your job application documents and during interviews. This could make you a more well-rounded and attractive employee to recruiters when vacancies do arise again.

Evaluate What You Want

While there is no mad rush or tight application deadlines to contend with, you have a great opportunity to get clear on your next career move. This will help you avoid putting lots of time, effort, and energy into applying for roles that aren’t right for you.

Here are a few of the factors you should consider:

  • Role and Industry: Think about how happy you are with your current job description. Do you want to do the same thing elsewhere, move into a position with more responsibility, or consider a new career challenge altogether?
  • Working patterns: Do you want to work in an office full-time, or would you prefer a hybrid approach with the opportunity to work remotely too?
  • Flexible hours: Do you need a role that will allow you to prioritise other commitments in your life, such as childcare?

Once you understand what you want, you will be able to search and apply for roles that are the best fit for your long-term goals.

Make Speculative Enquiries

If there are particular organisations you would love to work with, but they aren’t publicly hiring right now, that doesn’t mean there aren’t opportunities to be found.

Sending a speculative enquiry can help put you at the top of the list when a company is hiring in the future. Not only will they already have your details on file, but they will also know about your enthusiasm and commitment to working in the organisation.

All you need to do is send a short email to a relevant contact at the company, stating your desire to work with the company and requesting information on any existing or future vacancies. Briefly highlight your experience in a couple of sentences and include a copy of your CV.

Update Your CV

Use the quieter job market period to refresh your CV so it is ready when more vacancies open up again.

Think about the competencies that are required for the kinds of roles you are interested in, and make sure they are reflected within the following sections of your CV:

  • Your Professional Profile;
  • Your Key Skills;
  • Your Career Summary.

Remember to include specific examples of successes you’ve had in the past that are directly related to the jobs you are going to be applying for. You can find out more about highlighting specific experience on your CV in our recent blog.

Refresh Your Skills

If you have spotted any gaps within your experience that you know would be appealing to prospective employers, and you have some free time, a quieter job market allows you to fill them in.

Check if there are any relevant courses you could take, qualifications you could gain, or relevant voluntary experience you could complete.

You could also refresh your existing certifications. For example, if you work in marketing, this could be a good time to check all of your certificates are still in date and revisit essential qualifications such as Google Analytics.

Hopefully, this blog has helped you see that a quieter job market can be a good thing, as you will have time to make sure your future job hunt goes as smoothly as possible.

If you would like to get your CV, Cover Letter, or LinkedIn profile up to date and ready to impress prospective employers, we would love to help. Our team of experienced writers will create professional documents that highlight all of your unique strengths and will continue to make edits until you are completely happy with the end result.