According to data released by SHRM in its 2024 Talent Trends report, 46% of organizations experienced candidate ghosting. Of this, 30% occurred before a job interview, 45% after an interview, and 20% after an offer was made. It’s important to note that ghosting is influenced by both candidates and recruiters.
Another major challenge was the intense competition from other companies, affecting 55% of hiring professionals. This has led to increased efforts to attract and retain top talent. The biggest challenge, however, was the low number of candidates applying for roles, particularly those requiring highly specialized skills, making it even harder to fill open positions.
In 2024, certain positions stood out as particularly difficult to fill. Highly skilled technicians in industries such as healthcare, telecommunications, and the environmental sector were especially hard to recruit, with 34% of recruiters struggling to fill these roles. Additionally, 36% of recruiters found it challenging to find candidates for social services positions, including counselors, therapists, and social workers.
Engineering and architecture roles ranked as the third most difficult-to-fill positions for 37% of recruiters, while 46% of recruiters reported even greater difficulty in hiring for skilled trades, such as electricians, carpenters, machinists, mechanics, welders, and plumbers. With 55% of recruiters citing difficulty in hiring highly skilled medical professionals, positions like nurses, doctors, and specialists topped the list of the most difficult-to-fill roles. Notably, highly skilled medical positions and skilled trades have consistently been among the hardest to fill since 2016.
Looking ahead to 2025, several trends are set to shape the job market. Remote and hybrid work models will continue to be game changers in attracting candidates and retaining employees, especially in professions that can be performed without the need to be physically present in the workplace. In fact, 52% of global companies have already adapted to hybrid models. The coming year will also see a higher demand for tech and digital skills. As a result, AI-related and cybersecurity roles are projected to grow by 25%, as companies invest heavily in automation and data security. While automation and AI are expected to displace routine jobs, they will also create demand for new roles focused on overseeing these technologies.
Since the previous administration signed the Inflation Reduction Act into law in August 2022, which aims to boost domestic energy production and promote clean energy, more than 100,000 clean energy jobs have been created across the US. Green jobs are expected to expand to nearly 24 million, making up 14% of total US jobs by 2030, benefiting industries such as science, engineering, finance, and tech.
The job market is also expected to cool off in 2025. From the current pace of 200,000 new jobs per month, job growth is expected to slow to 100,000 and then 50,000 by the end of 2025. One contributing factor is the retirement of baby boomers (people born between 1946 and 1964), with companies potentially choosing not to replace all of the retiring workers, thus reducing the overall demand for new hires.
Despite these projections, the job market is expected to remain stable in 2025, driven by emerging skills and industry demands.
Navigating the ever-changing job market can be challenging, but with the right strategies and mindset, you can successfully steer your career in the right direction. This guide will provide you with essential tips and insights to help you stay adaptable, leverage new opportunities, and thrive in a dynamic professional landscape. Let’s explore how you can confidently navigate your career journey amidst constant change.