2022 prediction: Recruiters will be in high demand

January 26, 2022 | 3 minute read
Steven Lowel
Career Finder Services Senior Recruiter
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Unwinding the effects of the pandemic will take some time. It is true for every aspect of life, and even more so for work. The dent left by the staggering number of lost jobs and the curved balls of changes in how the world works will likely drive even more changes in 2022 and beyond. One such change is the rising demand for recruiters which is likely to keep rising this year. As a chain reaction, the demand is also likely to intensify the already-existing shortage of recruiters.

In 2020, there were massive layoffs and recruiting was hit the hardest due to hiring freezes. According to the International Labour Organization (ILO), 114 million jobs were lost in 2020. In the US alone, the unemployment rate reached 14.7% in April 2020, which was the highest rate observed since data collection began in 1948. Without hiring taking place, recruiters were no longer necessary and there were massive layoffs.

However, when hiring started again, companies faced a war for talent caused by the Great Resignation and people quitting jobs at record numbers due to work-life balance issues, fear of getting sick, or feeling undervalued. Recruiting, an already highly competitive field, was again in great demand.

Early data from all over the world show a steep rise in demand for recruiters. Although public data on this front specifically for the US is still not available in a consolidated format, the signs are quite loud and clear, as we can see from a LinkedIn report that around 7x more recruiter jobs were posted in June 2021 worldwide compared to that of June 2020.

Imagine if you will: Millions of people looking for jobs while millions of people quit, and the people who sourced talent were either laid off or quitting, leaving those recruiters with jobs with an extra heavy workload and hiring quota. It created a bottleneck in hiring.

The only way to decrease the bottleneck is through hiring, but no one is around to hire. On top of that, the resignation spree is likely to continue well into 2022. Although the Great Resignation is showing signs of slowing down, the numbers are still higher, with some 4.5 million Americans quitting last November.

Given the number of job openings and the fight for hiring and retaining good talent, recruiters will be as much in demand as software engineers. Being a reverse recruiter and actively working with candidates from various fields, we see how the number of people coming in and going out of the workplace has created a demand for this position that was already in short supply. One study found that 73 percent of HR leaders have upped their recruiting budgets in 2021. However, a quarter of the HR leaders we surveyed reported they’re finding it hard to fill open roles for recruiters on their teams.

As of this writing, there are 483,864 results for ‘Recruiter’ jobs advertised on LinkedIn worldwide. For comparison, there are 435,303  ‘Software Engineer’ roles open. The rising trend is as visible here as was six months ago when open recruiter job posts numbered 364,970 and open software engineer roles numbered 342,586. As you can see, the difference has since widened.

Along these lines, it can be said that both the data and the experience in the talent acquisition sector points towards a robust rise in demand for recruiters throughout 2022 and beyond. It should be emphasized again that with the rise in demand, the shortage of recruiters would start to be felt more than before the pandemic. The talent sourcing departments must keep an eye open for new and innovative ways of recruitment. 

Turbocharge your 2022 recruiting strategy

The new year is here and it's time to hire. Whether you have a plan and are executing or are still looking for direction, we can help provide appealing experiences to candidates and efficient tools to recruiters. Oracle Recruiting, a part of Oracle Fusion Cloud Human Capital Management (HCM), is a complete and unified solution that helps teams attract and hire the right talent.

Learn more today at https://www.oracle.com/recruiting.

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Steven Lowel

Career Finder Services Senior Recruiter

Steven Lowel is the Career Finder Services Senior Recruiter at Find My Profession. His advice regularly gets featured on LinkedIn where he shares tips on networking and job search strategy. When he’s not at work he is spending quality time with his lovely wife.

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