Three-quarters of American job switchers don’t find their new role, it finds them, according to a new study by the Federal Bank Reserve of San Francisco.
Rather than going through the standard search-and-apply protocol, the majority of new hires seem to find their way in through professional networks, word-of-mouth referrals or after being approached by headhunters.
Less than 25% of people in employment when they switched actively looked for jobs and even two-thirds of the unemployed relied on “informal contacts” to land their new role.
While this might be good news for people who hate trawling through job ads, it can be disheartening for those that are new the industry or don’t have a strong network of contacts.
That said, if you’re anxious to make the leap and no obvious leg-up presents itself, you still need to be looking for a job. The study found that people who actively searched were 10 times more likely to find work than those that didn’t.
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