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How have recent changes in the job market affected the candidate search for employers?

Desirable positions have always attracted a lot of candidates. It’s not unusual to see hundreds of resumes submitted in response to a single job post. That’s always been the case, and it continues to be the case.

In the past, however, only a small handful of resumes submitted would actually be relevant to the posted position–making it easy to narrow the list of candidates. Now, however, it’s not uncommon to see a much higher number of *relevant* submissions. It’s no longer as easy to narrow the candidate list.

This is where a good recruiter really comes in handy. Since many recruiters specialize within an industry, they’ll often be able to sort out which candidates hold the most potential. In addition, their industry connections help them keep an ear to the ground to know a candidate’s reputation within the industry–or if they don’t even have a reputation.

Great candidates are still out there. The current climate can benefit employers–but it requires an even tighter focus.

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The recession has had an effect on recruiting, no doubt. And it’s easy to become caught up in the speculation surrounding recessionary fears. But what’s really happening?

The past 12 months have been a crazy period, as many took a reactionary approach to market uncertainty. However, we seem to have come through the worst of it, particularly for skilled positions.

In the under $50,000 salary range, there’s been some improvement, but nothing too significant. On the other hand, higher-compensated employees (who are more insulated from market swings, thanks to steady demand), have seen an uptick in demand. This is not a huge spike, but I think it’s fairly safe to say that we’ve seen the worst of it, especially for skilled positions.

What do you think? Based on your experience, how has the market for recruiting been affected by recent economic activity?