Good morning!
A job search used to be fairly straightforward.
Candidates would submit a resume and cover letter, go through a few interviews, and hope for the best. Recruiters and hiring managers would sift through resumes, do some preliminary interviews, and get the ball rolling.
But that’s all changing—candidates and recruiters are caught up in a kind of AI arms race in which each side is leveraging the technology in new ways that makes the old methods nearly useless. Job seekers are able to tailor their resumes and apply to more jobs than ever before, but recruiters are getting buried in an avalanche of applications, and leaning on AI to sift through the pile.
But we’re still just in the beginning stages of the recruitment transformation, writes my colleague Emma Burleigh. She spoke with experts who say that keyword skill searches are child’s play compared to what we will see from recruiting over the next few years.
They predict three major future trends:
1. AI will become an even bigger part of the recruiting process, and could even be used to select the final batch of candidates for a job.
2. Candidates will be tested in all kinds of new ways, as hiring managers get more and more skeptical that the skills on their resume are real, and not just designed to get past AI filters.
3. The ranks of recruiters will thin, as the job is phased out or turned into a new kind of position—talent advisors.
Read more about how AI could change the future of recruiting here.
Azure Gilman
azure.gilman@fortune.com
Today’s edition was curated by Emma Burleigh.
Around the Table
A round-up of the most important HR headlines.
Some young workers in their 20s and 30s are going on “micro-retirement,” taking a short break in the middle of their careers to travel and pursue their interests. WSJ
The number of U.S. job openings in July plummeted by 7.67 million—the lowest amount since the start of 2021, signaling employers’ sluggish demand for workers. Bloomberg
Molson Coors executives sent an memo to staffers that the brewer would be scrapping supplier diversity quotas because the practice can be “complicated and influenced by factors outside of [the company’s] control.” CNBC
Watercooler
Everything you need to know from Fortune.
Ring ring. Canadian businessman Kevin O’Leary says that the right to disconnect policy is “nonsense,” and that he would fire his staffers if they didn’t pick up his call after work hours. —Orianna Rosa Royle
Money moves. Around 1,000 employees at a joint General Motors and LG Energy Solution of Korea plant in Tennessee will get a 35% wage hike after joining the United Auto Workers union. —AP
Servicing the shy. Breaking the ‘I’m quitting’ news to a boss can be uncomfortable, so Japanese startup Exit will call employers on behalf of employees to quit for them. —Chloe Berger