A competitive job market refers to an employment environment where a large number of job seekers are vying for a limited number of job openings. In such a market, candidates often possess similar qualifications and skills, leading to increased competition for each available position. This situation can arise due to high unemployment rates, industry growth outpacing job creation, or an influx of skilled workers into a given field. In a competitive job market, applicants may need to differentiate themselves through advanced qualifications, unique experiences, or strong networking. Employers may have the advantage in selecting candidates from a wealth of applicants, which can result in more rigorous hiring processes and higher expectations for job seekers. Overall, a competitive job market signifies that job seekers face challenges in securing employment due to the abundance of candidates competing for a finite number of roles.
Mens amerikansk økonomi overgår forventningene, viser desember-tallene om jobber at arbeidsgivere la til 216 000 stillinger den måneden, samtidig som arbeidsledigheten holdt seg på 3,7 prosent. Lohanny Santos, også kjent…