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Jobs - Open and Hidden Markets

There are two main ways "travel" when looking for career oriented employment opportunities. You can set out on the open highway and search for jobs in the open market or take the back roads, focusing on the less traveled, hidden market. Job postings in the open market are often posted on the Internet "highway" and viewed by many. Therefore, each posting generates many applications…increasing the competition that your resume will be up against. The hidden job market is comprised of jobs that are not widely advertised – ones that are often found by meandering through referrals made by network contacts.

While it's tempting to jump on the open highway, surveys indicate that only about 20% of jobs are advertised. The remaining 80% are filled through networking and contacting employers directly to inquire about opportunities. For many, the best plan is to pursue jobs in both markets but to allocate the majority of their time looking for leads through network contacts.

Looking for Job Openings in the Open Market?

Looking for Job Openings in the Hidden Market?