Hiring has slowed from last year’s breakneck pace, but the news isn’t all bad for job seekers, says economist Luke Pardo.
Could you wait seven weeks to start a new job?
That's how long it's taking job seekers to go from submitting an application to their first day of work, according toOn average, entry-level workers are looking at a hiring cycle of about six weeks. For more senior roles, the average hiring cycle is seven weeks. The data, which is drawn from approximately 178,000 confirmed U.S. hires on LinkedIn between April and June 2023, found that it takes over 57 days to fill jobs in consulting, finance, engineering, health care, management and sales.Sign up for NBC Philadelphia newsletters.
Consulting has the longest time to hire at roughly 63 days, as these jobs historically include a rigorous screening process that includes group interviews and case interviews, where candidates are given intricate business problems to solve on the spot. Marketing has the fastest hiring pathway at about 49 days, as it is a more general field and these roles are less specialized, which means that there is a larger pool of qualified candidates to choose from.from last year's breakneck pace, but the news isn't all bad for job seekers, says Luke Pardo, an economist at payroll provider Gusto.
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