The average time-to-hire rate has reached an all-time high in 2023, taking companies an average of 44 days to fill an open position, one day longer than the previous year.
Positions classified as "easy to fill" may take around 14 days, while "difficult to fill" positions can remain unfilled for two to three months.
Industries seeking new and emerging skills are finding it challenging to fill open positions, leading to a mismatch between the skills available and the gaps that need to be filled.
Tech and media companies typically take around 20 days to hire.