Industry Insights

Recruiting Trends & Market Intelligence

Stay informed with the latest hiring statistics, labor market trends, and recruiting insights—powered by real industry data.

Last updated: November 2024 | Data from Indeed, LinkedIn, SHRM, and Korn Ferry

+232K
Job Openings
US job openings as of January 2025
Avg Cost per Hire
Including recruitment, interviews, and onboarding
+15%
Skills-Based Hiring
Companies focusing on competencies over degrees
Employers Expanding
Plan to increase hiring in 2025
2025 Trends

What's Shaping Talent Acquisition

Key trends every hiring manager should understand in today's competitive talent market.

AI in Recruiting

of talent acquisition professionals see increased AI usage as a top trend for 2025. However, 40% worry that too much AI could make the process impersonal.

Recruiting Challenges

of organizations have difficulty recruiting for full-time positions. While down from 91% in 2022, 47% say it's harder than last year.

Employer Branding Impact

of candidates say employer branding influences their decision to apply. A strong reputation attracts high-quality talent.

Skills Evolution

projected change in job skill requirements by 2030. Since 2015, skill sets have already changed by 25%.

Market Analysis

Labor Market Overview

Understanding the current employment landscape helps companies make smarter hiring decisions and compete for top talent.

Market Outlook

The labor market cooled in 2024 as employers pulled back on hiring while holding onto existing staff—keeping unemployment low and avoiding mass layoffs. Over 80% of employers across tech, financial services, and healthcare plan to expand hiring in 2025.

Hiring Rate

The annual average hiring rate in 2024 was 3.4%, reflecting steady activity. Job postings remain 10% above pre-pandemic levels despite being down 10% year-over-year.

Talent Retention

Labor market dynamics shifted in employers' favor in 2024, with workers more willing to remain in current roles. 67% of employees would stay with a company if offered advancement opportunities—even if they disliked their job.

What This Means for Hiring

With 80%+ of employers expanding hiring and competition remaining high for skilled talent, a strategic recruiting partner is more valuable than ever.

Navigate the Market with Confidence

In a competitive talent landscape, having an experienced recruiting partner makes all the difference. Let's discuss how Priority Search can help you secure top talent.