While it can be argued there is never a bad time to look for a job, especially if you are out of work, there are certain times of the year that are less productive than others.
In a previous blog post, we looked at the best time of the year to look for a job. In this post, we will look at the opposite – the worst time of the year for job searching.
There is a consensus for the two times of the year that tend to be slower and more difficult times of the year to search for a job. They are:
It’s not surprising the summer months (June, July, August) are slow for job searching. People are on vacation and frequently out of the office, and there are less motivation and urgency to hire. Most companies do their hiring during the first part of the year when they have a new budget and strategic direction. When a company is hiring during the summer, it’s usually for internship positions.
The hiring process during the summer also tends to take longer. With people out of the office and away, it can be more difficult for hiring managers to get the proper sign-off, to get the go-ahead to hire, and to schedule interviews.
While there is no harm in applying, companies only tend to hire when they have a pressing need. Use the summer to get organized, perfect your resume, and make connections with hiring managers and recruiters.
The end of the year (November, December) is also a slower hiring time for many of the same reasons as the summer. Many people plan winter vacations and are looking forward to the holiday season. Many companies refrain from hiring to ensure they come in on budget for year-end. While you may get a callback or some interest, many hiring managers spend this time lining up candidates for the new year.
While summer and the end of the year tend to be slower times to look for a job, it doesn’t mean you shouldn’t. There is never a bad time to look, especially if you are out of work. These times simply tend to have fewer opportunities and hiring is not a top priority for companies.
Are you currently looking for work? Are you ready to make a career move? Check out these insightful blog posts by our Toronto recruiters:
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Technology (IT), Accounting and Finance, Consumer Goods, eCommerce and Retail, Financial Services and Insurance, B2B and Industrial, Operations and HR, Professional Services and Legal, Media, Digital and Marketing, Pharmaceutical and Life Sciences, Emerging Technology and Telecom, and Sales. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
As a member of the IQ PARTNERS Financial Services & Insurance practice, Steven specializes in the recruitment of Accounting and Finance professionals. He supports a large network of candidates as a LinkedIn Profile Expert and Career Coach. Steven helps organizations find great people. He helps people find their path.