At the time of this writing it is hard to believe that there are about 50 “work” days left this year. The 4th Quarter always flies by very fast. A common myth in employment is that NO ONE HIRES during the holidays. Nothing could be further from the truth and this myth can be quickly, if not easily, dispelled with a quick trip to the Bureau of Labor Statistics site of the U.S. Department of Labor. Good luck finding it from their main page, but a Google search provides all the information you need.
According to the BLS, from 9/13 to 12/13, gross job gains from opening and expanding private sector establishments were 7.3 million, an increase of 290,000 jobs from the previous quarter. The difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 745,000 jobs in the private sector during the fourth quarter of 2013. In fact, gross job gains in Q4 2013 were higher than all three prior quarters!
So clearly, the idea that companies don’t hire in the fourth is a fallacy. The jobs are definitely there. Over the years our firm has had historically good 4th quarters, but you have to be willing to hustle.
4 Things to Keep in Mind:
1. Applicants generally find it easier to make interview around the holidays. There is more flexibility to get away if you need to meet with an employer.
2. Candidates like to make a job change as you approach the new year. It is in some ways very symbolic of getting a fresh start. New job, new year, etc.
3. Companies have staffing budgets that they need to use, or if they don’t use it they may lose it for the next year.
4. Employers also find it easier to arrange interviews for the themselves. Some find their schedules lightening up, so that they can meet candidates.