• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
SuccessRecruiting

Here’s why it’s taking you so long to land that new job

By
Jane Thier
Jane Thier
Down Arrow Button Icon
By
Jane Thier
Jane Thier
Down Arrow Button Icon
April 3, 2024, 2:16 PM ET
Bored woman working from home
Respondents told ZipRecruiter they were less satisfied with their experience on the job hunt than those surveyed in Q4 of last year. damircudic—Getty Images
Add Fortune on Google for similar content.

Frustrating. Footslogging. Endless. 

Recommended Video

Did the thought of searching for a role come to mind? If so, you’re not imagining it: The job hunt has become markedly more ruthless, despite claims that workers currently hold the leverage. That’s according to ZipRecruiter’s latest Survey of New Hires, which the company publishes quarterly. Respondents include more than 1,500 U.S.-based workers who started their current jobs fewer than six months ago—and this quarter, they’re rankled.

According to ZipRecruiter, it’s taking longer for workers to find new jobs—and fewer new hires are offered signing bonuses. Respondents told ZipRecruiter they were also less satisfied with their experience on the job hunt than those surveyed in Q4 of last year. And fewer than half (46%) of respondents said they were able to find their new role within a month. (In Q4, 60% said the same.) 

Worse still, just 58% of people characterized the job search experience as positive—a 10% month-over-month drop. 

New hires may be better positioned than anyone to assess the labor market. As ZipRecruiter writes, they’re “the first to experience changes in the urgency and intensity with which employers are recruiting workers, and the terms of employment on offer.” But in tracking how long it took for these new hires to find their jobs, whether they received a signing bonus, and whether they snapped up desirable benefits, ZipRecruiter showed just how tenuous the job landscape is, and what it’s clearly missing.

If you look at the big picture, though, the first quarter of 2024 brought some good news. The share of workers who reported being actively recruited—and the share who fielded counteroffers from their old jobs—both hit historic highs, ZipRecruiter found, which is a testament to workers’ enduring upper hand. Per data from the Bureau of Labor Statistics, there were 8.76 million job openings in February 2024. Keep in mind: Prior to the pandemic, monthly openings had never exceeded 8 million. Plus, with a February unemployment rate of 3.9%, the U.S. rate has fallen below 4% for 25 months in a row, breaking a 60-year record. 

On the other side of things, the recruiting picture is starting to shape-shift—and that might affect your job-hunting experience, too. Instead of traditionally posting job descriptions on sites like LinkedIn or Indeed, many businesses are instead seeking out specific individuals they think will be the best fit. Nearly half (46%) of new hires told ZipRecruiter they were recruited and didn’t have to search at all—a 10% year-over-year jump. 

That said, the race for talent is intense: 92% of respondents told ZipRecruiter the company they currently work for responded within a week, and just under half said they received a response within three days. “When employers proactively recruit talent or respond to applicants quickly, it instills a sense of being valued and sought-after, which can be incredibly affirming and gratifying,” Marissa Morrison, ZipRecruiter’s VP of people, wrote in the report. 

Could AI be the answer?

Asking unhappy job seekers to fully embrace AI may be a tall order. Many of them have expressed fear that AI—even in its infancy—could genuinely pose a risk to their livelihoods. After all, it’s already proved capable of doing the work humans have been paid to do for millennia. 

But especially in the job application stage, AI implementation cuts both ways. Recruiters are more than likely reading a cover letter written by a bot. Over half (53%) of job seekers admitted to using ChatGPT, or another form of generative AI, for help on the job hunt—a huge increase from Q2 2023, when that number was just 25%. There’s little reason for those workers to feel guilty about their secret weapon: Over half say they use generative AI for a variety of tasks in their new job. 

“In the year and a half since ChatGPT’s release, gen AI tools have been adopted for job search by more than half of successful job seekers and for daily work tasks by more than half of new hires,” Julia Pollak, ZipRecruiter’s chief economist, wrote. “Their rapid diffusion suggests that the U.S. is in the early stages of a productivity boom.”

It could also suggest a less draining, miserable job hunt—if it’s implemented correctly. Chris Hyams, CEO of Indeed, recently wrote for Fortune that AI, despite its pitfalls, can be great for getting people jobs: “350 million job seekers visit Indeed every month, and AI powers their simple and fast connections to 30 million jobs,” he wrote. “Thanks to AI, someone gets hired on Indeed every three seconds.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Jane Thier
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Success

woman yellow shirt standing in front of ring light
SuccessSocial Media
Influencer marketing isn’t an experiment anymore as companies expand their creator advertising budgets
By Tatiana SatauaJuly 24, 2026
12 hours ago
lebron
Arts & EntertainmentSports
LeBron James, the only billionaire currently active in the NBA, signs a minimum contract with the Philadelphia 76ers
By Catherina GioinoJuly 24, 2026
15 hours ago
Wealthy man in car
SuccessMillionaires
120 millionaires have signed a letter begging the British government to tax them more: ‘We can afford it’
By Emma BurleighJuly 24, 2026
16 hours ago
This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
Successphilanthropy
This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
By Sydney LakeJuly 24, 2026
17 hours ago
nyse
CommentaryEconomics
AI doesn’t end scarcity. It relocates it
By François Candelon, Paul-Louis Andres and Augustin ManchonJuly 24, 2026
22 hours ago
Amazon founder Jeff Bezos
SuccessBillionaires
Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC
By Emma BurleighJuly 23, 2026
2 days ago

Most Popular

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
1 day ago
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
22 hours ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
3 days ago
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
AI
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
By Mia OsmonbekovJuly 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.