Is AI ruining the job market?
🤖 Machines versus Humans
The job market is increasingly relying on artificial intelligence, and it's not just for automated tasks. AI is becoming a key player in recruitment processes, but it might be making things worse for everyone involved.
AI in Hiring
AI's use in hiring is widespread. According to a 2024 report by Aptitude Research, only 15% of companies aren't using or testing AI in Human Resources, but many people find this AI-driven process to be impersonal and ineffective.
Job Hunting Challenges
Employers often use AI to screen resumes, quickly filtering applications based on technical criteria like education history or previous employers. For job seekers, this means they might miss out on interviews or even get rejected from jobs they're qualified for just because their resume lacks specific keywords.
Candidate Dissatisfaction
This AI-driven approach isn't popular among job seekers. According to the report, only a quarter of candidates are satisfied with their recent recruitment experiences. Employers aren't seeing much improvement either, with only half reporting better recruitment processes this year.
AI-Generated Applications
Many job seekers use AI tools like chatbots to create cover letters or apply to jobs in bulk, which means recruiters are often swamped with AI-generated applications. This can make it harder for genuine applications to stand out.
The Future of Hiring
Over time, this trend might change as both employers and job seekers realize that a human touch is crucial for fair and effective hiring practices.