Recruiter Kourtlynn Faith suggests that ongoing layoffs in recruitment divisions contribute to companies' slow hiring pace.
With limited recruiters handling numerous vacancies, the process elongates. Faith, who faced three layoffs in 2023, highlights the inundation of unqualified resumes further hampering recruitment efforts.
Companies, cautious of training costs, meticulously select candidates to avoid turnover expenses.
Additionally, some firms exploit employees by assigning multiple roles without fair compensation. This scenario underscores the challenges job seekers face in 2024's job market, marked by continued layoffs, stagnant wages, and inflated applications.