The Hidden Job Market: Real or Imagined?

The hidden job market has been touted as the place to go if you want to find the best jobs. It's been said that this sector of the job market accounts for seventy-five percent of all the job openings out there. If that is true, then what we see in the classifieds and on the Internet job sites account for only twenty-five percent of all job openings. So the question becomes, is the hidden job market a myth or does it truly exist?

The hidden, or unadvertised, job market does exist, and can be located. When a company advertises a job opening in the classifieds and on the various job sites, it takes three to four months for that position to be filled. Since companies lose money every day a position remains open, advertising a job opening is seen by many as a non-viable approach.

Roughly seventy-five percent of all job openings are therefore unadvertised, which means you will not see them posted on any of the job sites. You will not be aware of their existence. They are indeed hidden opportunities. It is absolutely worth your effort to find these opportunities.

Companies have learned to search for viable candidates using three fundamental strategies other than advertising: networking, using recruiters, and probing the job sites. So how can you take advantage of these approaches to tap the hidden job market?

Networking isn't an approach exclusive to hiring companies. You, too, can engage in networking with all the people you know. As an extremely powerful strategy accounting for roughly 80% of all job fills, networking allows you to get in doors that would otherwise be impossible to enter. You can network your way into potential opportunities that can turn into the right job created just for you. Networking is one of the best ways to tap the hidden job market!

Screening and reviewing hundreds of resumes for accuracy and position viability is time-consuming. When the job-required personality doesn't materialize at the interview, more time is wasted. For this reason, more and more employers turn to recruiters for a more efficient hiring process. A recruiter uses exhaustive screening procedures as part of their candidate search process. They charge a fee to the employer for this service, but it is worth it in terms of time and effort.

Recruiters utilizing keyword searches scour the top job sites in search of candidates to fill their unadvertised job openings. Recruiters will find you as long as your resume is a match to the qualifications of the position they need to fill. So one of the best ways to capitalize on a recruiter's mission, and to indirectly tap the hidden job market, is to post your resume to the top career sites. It's a simple yet powerfully effective way to avail yourself of all the unadvertised positions out there, and take your job search to a whole new level.

Copyright © 2005 TopDog Group All rights reserved.

David Richter is a recognized authority in career coaching and job search support. He has spent many years in recruitment, staffing, outplacement, counseling psychology and career management spanning most industries and professions. David founded TopDog Group in response to the needs of job candidates to have a higher quality of career coaching and support available on the Internet. David understands the mechanisms for success. He has formulated specific strategies anyone can use to secure interviews and receive offers. His extensive knowledge and experience sets David apart in this field, allowing him to offer a wealth of information and a vast array of tools, resources and strategies not found anywhere else. He has shown countless job seekers how to differentiate themselves and leverage their potential to the highest possible level, making a real difference in their careers. David holds both a Bachelors and Masters in Electrical Engineering and a Master of Arts in Counseling Psychology. David's website address is: http://www.procareercoach.com

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Google News Updated : Sat, 11 Oct 2008 11:50:43 GMT Stevens's Reputation 'Sterling,' Powell Says - Washington Post Washington Post Stevens's Reputation 'Sterling,' Powell Says Washington Post - 8 hours ago By Del Quentin Wilber Former secretary of state Colin L. Powell told jurors in the corruption trial of Sen. Ted Stevens yesterday that the powerful Alaska Republican had a "sterling" reputation among the nation's military and political leaders. Reporter's Notebook: Powell Takes the Stand for Stevens FOXNews Powell says Sen. Stevens' integrity "sterling" Reuters CNN - Kansas City infoZine - The Miami Herald - ABC News all 2,865 news articles Publ.Date : Sat, 11 Oct 2008 03:13:53 GMT Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' - Bloomberg Ottawa Citizen Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' Bloomberg - 7 hours ago By John Brinsley and Rebecca Christie Oct. 11 (Bloomberg) -- US Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial markets will remain volatile. US to buy shares in struggling banks Los Angeles Times Obama welcomes Paulson plan to buy equity in firms Reuters MarketWatch - International Herald Tribune - Bizjournals.com - Washington Post all 2,114 news articles Publ.Date : Sat, 11 Oct 2008 04:21:05 GMT Mugabe Hands Ministries to His Party - New York Times Voice of America Mugabe Hands Ministries to His Party New York Times - 52 minutes ago By CELIA DUGGER JOHANNESBURG - In a step likely to lead to the collapse of a painstakingly negotiated power-sharing deal, Zimbabwe's Robert Mugabe, in office for 28 years, has unilaterally declared that his party will retain the most powerful ... Mugabe 'gives Zanu-PF key posts' BBC News Zimbabwe's Mugabe hands key ministries to his party Reuters United Press International - AFP - Aljazeera.net - The Associated Press all 1,687 news articles Publ.Date : Sat, 11 Oct 2008 10:57:49 GMT McCain calms supporters, urges respect for Obama - Los Angeles Times The Associated Press McCain calms supporters, urges respect for Obama Los Angeles Times - 2 hours ago 'NO MA'AM': Sen. John McCain takes a question from a supporter who called Democratic rival Barack Obama an Arab at a town hall meeting in Lakeville, Minn. McCain-Palin's hot rhetoric risks GOP backlash San Francisco Chronicle McCain Lauds and Attacks Obama in Same Day New York Times Boston Globe - Washington Post - Minneapolis Star Tribune - Reuters all 460 news articles Publ.Date : Sat, 11 Oct 2008 09:04:20 GMT Morgan Stanley, Goldman May Gain Investment From US Treasury - Bloomberg Wall Street Journal Blogs Morgan Stanley, Goldman May Gain Investment From US Treasury Bloomberg - 7 hours ago By Christine Harper Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc., the biggest independent US investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson's plan to buy stakes in financial institutions, ... As Stock Falls, Morgan Looks to Japanese Bank New York Times Morgan Stanley hangs on Mitsubishi's $9bn pledge guardian.co.uk Forbes - New York Post - New York Times Blogs - Barron's all 895 news articles Publ.Date : Sat, 11 Oct 2008 04:30:39 GMT Palin violated ethics law, inquiry concludes - International Herald Tribune Washington Post Palin violated ethics law, inquiry concludes International Herald Tribune - 1 hour ago By Serge F. Kovaleski NEW YORK: Sarah Palin, the Republican vice-presidential candidate, abused her powers as governor of Alaska by pressuring subordinates to try to get her former brother-in-law, a state trooper, fired, according to an investigation ... Palin ethics lapse cited Los Angeles Times Alaska probe finds Palin 'abused her power' Indian Express Baltimore Sun - Boston Globe - New York Times - Reuters all 4,043 news articles Publ.Date : Sat, 11 Oct 2008 09:58:28 GMT Thai protest leaders released on bail, vow new rallies - AFP GulfNews Thai protest leaders released on bail, vow new rallies AFP - 20 hours ago BANGKOK (AFP) - Leaders of Thai anti-government protests were granted bail Friday after surrendering to police and immediately vowed new rallies, raising fears of mounting turmoil days after deadly street clashes. Video: Raw Video: Tear Gas Fired at Thai Protestors AssociatedPress PAD leaders surrender to Thailand police United Press International The Associated Press - Washington Post - New York Times - International Herald Tribune all 2,495 news articles Publ.Date : Fri, 10 Oct 2008 15:31:03 GMT Turn Affiliate Datafeed into RSS Amazon RSS Feed Generator

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