Check out the Job Market before You Start a Job Search

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There can be many reasons why you’re thinking about starting a job search, and there are plenty of good reasons to quit your job. Your career with your current employer could feel like it’s going nowhere, you’re bored, and the position isn’t challenging, you would love to make more money, or perhaps you want to do something different with the next phase of your working life.

Find out what jobs are available

Before you think about starting an active job search, turning in your resignation, and giving two weeks’ notice, takes some time to investigate what the job market is going to be like for someone with your credentials. Job searching is a personal endeavor, and even a good job market overall might not translate into success for you if you lack in some of the top skills employers are looking for.
That’s why it makes sense to spend some time researching if you don’t have to find a job immediately. Start slowly, find out what positions are available, and learn how you stack up against the competition. Consider starting a passive job search while you’re investigating options and getting prepared. Employers may start seeking you out and, if they do, that will make your job search even easier.

Factors to Consider

The first factor to consider when starting a job search isn’t the unemployment rate, which is currently low. It’s what the job market is like for a candidate with your skills, experience, and education level. That depends on what type of position you’re seeking and the qualifications you have. It can be a little more complicated to figure out if you’re considering a career change or a job that’s a step or two up from your current role. There is a wealth of data online you can use to discover what you’re worth, what salary you should be looking for, which companies are hiring candidates like you, and what the pool of available job openings is like. Review these tips for checking on the job market before starting a job search, so you’ll be well-informed and in a position to fast-track your hunt for a new job.

How to Check Out the Job Market

Figure out what you want to do:

Do you want a job in the same industry or are you looking for a change? Would you like a similar position to the one you have or are you considering a different role? Do you have the skills you need to be competitive if you’re making a change? If you’re thinking about a career switch, you can use free career quizzes online to generate some ideas. Once you have a list of options, you’ll be able to determine how easy it will be to find a new job in that field.

Estimate how long it will take:

One of the tricky parts of job searching is that it can be hard to calculate how long it will take to find a new job. The more you earn, the longer it can take. Candidates in a high-level position typically spend more time getting hired than an entry-level applicant. Your qualifications need to closely match the jobs for which you’re applying to up your chances of getting hired quickly.

Find out what you’re worth:

There are free salary calculators you can use to determine how much you are worth in today’s marketplace. Input your job title, company, locations, education, and experience to get customized estimates of your salary potential. Also use advanced search options on job sites to search by salary and job title to see if the results match your estimates and expectations.

Check out job listings:

Once you know what you want to do, and how much you want to make, you can use the advanced search options to find job listings. Search by job title, experience, education, location, salary range, type of position, and more criteria to narrow down your options.

Start networking:

Networking can help you learn more about the job market, and it can help you get hired. It can also help you find out more about possible career options, get the inside scoop on companies and jobs, and connect with people who can boost your career. If you haven’t built a robust career network, now is the time to get started on getting one in place.

 

Next: Start the Application Process

 

Refresh your resume:

If your resume hasn’t been updated recently, take the time to give it a makeover. Be sure to include keywords and skills related to the type of job you’re searching for.

Create a cover letter:

Once you’ve written your first cover letter, you will be able to update and edit it to highlight your qualifications that are a match for the jobs for which you’re applying. It will be easy to customize it each time you apply. 

Make a match:

Before you put in an application, take the time to match your qualifications to the job. If you don’t have all the qualifications listed in the job posting, consider whether it’s worth your time applying. If there’s a strong applicant pool, you probably won’t be considered if you are short on job requirements.

Apply Directly:

Most employers have their job listings on their website. Create a list of companies you’d love to work for, check them out on online job posting websites, and apply directly on the company website.

Get your applications in:

It’s quick and easy to apply for positions in the major job sites. You’ll have a head start because you’ve already taken a look at what jobs are available. If you have time, teak your resume, so it’s a perfect fit, and write a custom cover letter for each position. Otherwise, edit the template you created, so it’s a strong match.

Use apps to expedite your job search:

Most job sites have apps you can use to simplify the process. Sign up for email job alerts to get notified of new postings as soon as they are listed. If you’re one of the first applicants to apply, you will up your chances of getting selected for an interview.

Keep applying for jobs:

don’t slow down when you start getting emails or calls for interviews. You won’t know which jobs will result in job offers, so continue to move ahead with your job search until you have a job offer, you’ve accepted it, and it’s been confirmed by the employer.

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