Snagajob reports increase in hourly job seekers returning to job hunt
Quarterly data also points to job seekers being more selective about where they apply
RICHMOND, Va., Oct. 31, 2013 – Job seekers are coming back to the hunt, demonstrating a belief that their chances of landing an hourly job are possibly improving, according to Snagajob, America’s largest hourly employment marketplace for job seekers and employers. But when it comes to finding employment, job seekers are being a bit pickier, too.
Snagajob today released its Q3 “Counter Intelligence: The Snagajob Service Industry Hiring Report,” a quarterly look back at hourly job seeker activity based on data captured from its website.
Snagajob’s “Reactivation Index” shows a four percentage point increase in the number of job seekers who have reactivated their job search after at least 90 days of inactivity, compared to the prior year. The index trended upwards in comparison to last quarter’s report – which showed a 3.8 percentage point increase – demonstrating a stronger return to the hourly job search in the third quarter.
But while more job seekers have returned to the hunt after a period of inactivity, there’s greater selectivity in the jobs that hourly workers are applying to. According to the “Intensity Index,” a measurement of the number of job seeker applications submitted per job seeker, application volume is down 3.69 percent when comparing the 12-month period ending in September 2013 with the same period in 2012.
“Like some of the economic data that’s out there, this quarter’s Snagajob data is revealing some mixed messages,” said Jason Hamilton, vice president of marketing for Snagajob. “On the one hand, we’re showing optimism because more hourly job seekers are getting back in the game, but they are not casting their net as wide as they did a year earlier.”
Recent hourly job hunt experiences vary by location: Job seekers have the best chance to stand out in cities like Bismarck, N.D., Elko, Nev., and Summit Park, Utah. On the other hand, employers have many potential hires to pick from in parts of California – Stockton, Riverside and Fresno, Calif., for example.
The single most popular job to apply for on the Snagajob site is a cashier at The Home Depot, a trend for the past three quarters.
Each quarter, Snagajob looks back at the previous 12 months to uncover job seeker search trends and indications of job seeker confidence. To view previous results, visit www.snagajob.com/employer-solutions.
About Snagajob: Snagajob, America’s largest hourly employment marketplace for job seekers and employers, is the only company to provide both sourcing and talent management solutions to the hourly industry. With more than 40 million registered job seekers and the leading hourly-focused talent management system, Snagajob has been serving hourly workers and those who employ them since 2000. Headquartered in Richmond, Va., Snagajob has been named to Fortune Magazine’s Great Place to Work® Best Small & Medium Workplaces for the past six years. To find out more, visit www.snagajob.com and www.snagajob.com/employer-solutions.