Did you know that the Bureau of Labor Statistics (BLS) has overestimated job numbers by nearly a million since March? In this episode of Recruiting is No Joke, host Joel Lalgee discusses the job market, recruitment practices, and job seekers' challenges. He begins by thanking listeners for their support following the podcast's rebranding, which boosted downloads. Joel then critiques the Bureau of Labor Statistics for overestimating job numbers, highlighting the tougher-than-reported job market. He also explores "ghost jobs," where companies post openings without intent to hire, causing frustration for job seekers. Joel emphasizes the importance of realistic expectations and encourages proactive job searching.
In this episode:

(00:03) Introduction and rebranding

(01:13) Job market statistics

(02:24) The reality of job market

(03:22) Playing a video on job market

(06:06) Interest rates and job market validation

(07:46) Concept of ghost jobs

(09:06) Pipelining strategy 

(13:26) Recruiter poll on ghost jobs

(17:05) Job application strategies

(19:01) The great resignation prediction

(19:52) Counter offers on the rise

(20:41) Job market shift

(21:35) Future hiring trends

(25:03) September surge discussion

(27:38) Expectations for job seekers

(30:31) Engagement and feedback invitation

(31:24) Upcoming events and live sessions

About Joel Lalgee 
Joel Lalgee is an internationally known recruitment leader and coach who has helped thousands of recruiters build their brands online. In 2015, Joel started recruiting for a small start-up agency in Milwaukee. He quickly found his passion for recruitment. In 2019, he discovered content marketing, publishing his first posts on Linkedin. Since then, he has grown to over 400k followers, and his content has been seen over 1 billion times. In 2023, he started a business specializing in coaching recruiters, marketing consulting, and influencer partnerships.
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