Looking for a job is a challenge, even in the best of times. But are some times better than others to look? When to look for a job is a common question our Toronto recruiters receive, especially in today’s marketplace, where proactive professionals are always on the lookout for their next career move.
People switch jobs now more than ever. They are less eager to wait around for companies to give them a promotion if they know another company is willing to give it to them.
Obviously, if you are currently out of work, then NOW is the best time to look. But there are certain times of the year and points in your career when it makes sense to look for a job to increase your job search success rate. We talk about these times below and answer common questions.
The 4 Best Times Of The Year to Look For A Job
The best time of year to look for a job generally depends on the industry, but overall, January through March is often considered the most effective time to job hunt. Here’s a breakdown of the best times to look for a job:
1. Right now
There is never a bad time to consider your career options, especially if you are unhappy in your current position and are ready for a change. Even if you are happy in your current role, it’s never a bad idea to take a look and see what is available. You never know when a career-making opportunity could present itself. Being in your current role also gives you the leverage to hold out until you find the right role.
2. December
December may not initially come to mind when you think of the best times to look for a job. Why is December an ideal month to look? Because everyone else is preoccupied with the holidays.
“Unsurprisingly, with people running around with their hair on fire trying to prepare for the holidays, there is just a lot less competition for the positions that are open—and yes, there are positions open. (I’ll get to that in a minute.) With fewer people applying for jobs, it’s ultimately easier to stand out from the crowd. Don’t make the mistake of thinking December is the month for slacking off—this could actually be the month your efforts pay off the most,” says Lily Zhang on The Muse.
3. The New Year
Yes, it is the time of year when you set your New Year’s resolutions, and finding a job may be one of them, but this is not why January is a good time to search for a job. With a new calendar year comes more budget money, meaning companies have more resources to invest in recruiting and hiring.
Companies have new hiring budgets, managers are back from the holidays, and there’s a strong push to fill roles. There is also a high volume of job postings and quicker interview processes. Be sure to apply early in January, as competition ramps up fast.
4. Fall
This is perhaps one of the most popular times of the year to look for a job, and for good reason. Another hiring wave begins after summer vacations. With most professionals using up their vacation days to enjoy the summer, and with people in and out of the office during those months, hiring often gets put on the back burner until fall. September and October are good months to be fully engaged in your job search because companies are also fully engaged in recruiting. Momentum picks up as companies want to make hires before the holiday slowdown. Start applying in early September for the best shot.
Should You Avoid Looking for a Job in the Summer and During the Holiday Season?
The summer and holiday seasons are typically slower hiring periods. But this doesn’t mean you shouldn’t explore your options. Many companies are still hiring. Plus, there is less competition during these times. Remember, there is never a bad time to look, especially if you don’t currently have a job.
Does Industry Type Affect When You Should Look For A Job?
Always consider your industry when looking for a job. Some industries have specific hiring seasons. For example, retail and hospitality tend to have more openings around the holidays, while finance, IT, and healthcare might hire more in the spring.
What’s The Best Day Of The Week To Look For A Job?
The day of the week you choose to apply for a job could affect your candidacy. According to research, Monday morning is the best time to apply for a job, and 37% of people apply for roles on Tuesdays. Monday’s increase your hirability by 46%. Friday and Saturday are the worst days to apply.
A Final Word About The Best Time to Look For A Job
While job searching can be challenging, understanding the best times to look can significantly improve your chances of success. Whether you’re actively unemployed or simply exploring new opportunities, being strategic about when you apply can give you a valuable edge. Remember, industry trends, seasonal cycles, and even the day of the week can influence your job search outcomes. Ultimately, the best time to look for a job is when you’re ready to take the next step in your career.
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