Why it's hard for companies and recruiters to find strong talent when unemployment is 9.6%

Updated: January 01, 2012

Ask any recruiter and they'll tell you that 2009 was pure hell. No one was hiring, and you had to go-go-go every minute of every day to make a dime. Many recruiting firms closed down and lots of recruiters hung up their hats to try something else. It felt like things would never improve. But as 2010 winds down, recruiters find themselves slammed again with activity. Great right? Yes, but it's not the same kind of activity as pre-recession. I know beggars can't be choosers, so I'm happy with any activity at all.

At the moment, many businesses are reluctant to pull the trigger. They are ready to start interviewing, but hesitant to hire. Many see this as a perfect opportunity to grab up great talent for cheap. Companies interview dozens of candidates before they make their final decision, often driven by the idea that there could be someone better out there. But this is typically just not the case. All the all-star, employed candidates are staying put until the economy improves. So despite the fact that there are many job seekers out there, it is still rather hard to find that perfect candidate. You do find a diamond in the tough from time to time, but overall it is really difficult to find strong talent at the moment. Those great candidates that are laid-off get snagged up immediately.

  1. Why not give one a try?
Featured Research
  • The 2017 CRM Comparison Guide: Q2 Edition

    If you’re in the market for CRM software, we’ve got good news. We’ve updated our CRM comparison guide for Q2. more

  • 2017 Business VoIP Features

    If you’re considering an investment into a new VoIP system (or upgrading an old one), it’s important to understand what features are available and which ones your business will actually need. Especially if you want to keep costs at a minimum. more

  • 10 Reasons Why  Automated Agents  Aren't the Answer

    Automated customer service agents are a tempting option. They never need time off. You don’t have to pay them a salary. They don’t even need a physical workspace. But despite these advantages, they remain a poor substitute for live agents. more

  • Get the ERP Solution You Want in 5 Steps

    An effective Enterprise Resource Planning (ERP) solution is a must-have for any growing business looking to quickly improve the flow and efficiency of various internal processes. more

  • ERP in the Government Sector

    Enterprise Resource Planning (ERP) solutions have helped businesses improve the flow of key internal processes. That said, there’s yet another professional sector that’s benefitted, too … more