U.S. employers said job openings in July stood at a seasonally adjusted 8.8 million, a decline of 338,000 from June. Although that was the lowest level since March 2021, The Wall Street Journal noted it was still well above pre-pandemic levels and the 5.8 million unemployed people in July.
Unemployed American workers are experiencing a massive case of job-hunt burnout, according to research from staffing firm Insight Global. More than half of those surveyed, 55% – 66% for Gen Z – said they’re completely burned out from undergoing a lengthy job search process. Meanwhile, recently unemployed full-time workers say they’ve received only four responses to an average of 30 submitted applications.
Gem Software and Rippling announced an integration between their products. Rippling’s ATS, Recruiting, and Gems CRM will use data and automation to better engage talent, develop candidate pipelines, and connect and automate the complete hiring process.
Sandler and Talogy partnered to help companies measure an individual’s personality characteristics and motivations with scientifically validated assessments to predict on-the-job behaviors and potential. According to the companies, the partnership is designed to reinforce coaching and development best practices and deliver sustainable business results
The Applicant Tracking System market size is expected to increase by $745 million from 2022 to 2027, at a CAGR of 5.69%. According to Technavio, the growth is attributed to the increasing adoption of cloud-based applicant-tracking systems, and the digital transformation of HR departments within organizations. However, the market is experiencing challenges, including the ability to assess the long-term quality of applicants and the limited breadth of their search scope due to key word searches, the company said.
RChilli launched RCR, or RChilli Candidate Recharge, which the company positions as a new way of reprocessing candidate data in an ATS. RCR is intended to address challenges with data migration including inconsistencies and inaccuracies in candidate information. RCR updates candidate data including contact details, employment history, job titles, educational background, and current employer.
By Mark Feffer
Mark Feffer is executive editor of RecruitingDaily and the HCM Technology Report. He’s written for TechTarget, HR Magazine, SHRM, Dice Insights, TLNT.com and TalentCulture, as well as Dow Jones, Bloomberg and Staffing Industry Analysts. He likes schnauzers, sailing and Kentucky-distilled beverages.
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