43 | Q3 Talent Trends - The employer’s market myth, return-to-office dilemma, role of AI in TA

Summary: In this episode of The Breakout Podcast, Jake and Gareth discuss trends and changes in the job market, primarily focusing on the aftermath of recent layoffs and the subsequent adjustment of job seekers and companies. They delve into the return-to-office debates, AI's role in recruitment, and the shifting dynamics between employees and employers. With a sector-specific approach, the episode explores the market's gradual recovery, the implications of major companies enforcing in-office work, and how AI might shape talent acquisition. Additionally, the hosts provide insights into enhancing individual marketability amidst these evolving trends. Timestamps: 02:19 Layoffs and Talent Management 04:42 Return to Office Mandates 12:10 The Return to Office Dilemma 17:12 Employer's Market Myth 22:55 Advice to Candidates 29:36 Overcoming Hesitations and Misconceptions About Recruiters 30:41 The Harsh Realities of Job Market Competition 33:46 Strategic Job Search: Planning Ahead 40:14 AI’s Role in Hiring 48:09 Final Thoughts and Predictions Resources:  Global AI Skills Outlook  https://lightcast.io/resources/research/the-lightcast-global-ai-skills-outlook AI as a New Labor Market https://www.nfx.com/post/ai-workforce-is-here?fbclid=IwY2xjawE6bxdleHRuA2FlbQIxMQABHecTIBhACR395oyPLmn44YLg9zsAn4Y_sfZBie9vpqxkICrhGScGEa5P5g_aem_qZBeic_s3sKJ1XxYJKJqrA Future of Recruiting 2024 https://business.linkedin.com/talent-solutions/resources/future-of-recruiting?utm_source=substack&utm_medium=email  RTO: How to Lose Your Best Performers https://sloanreview.mit.edu/article/return-to-office-mandates-how-to-lose-your-best-performers/  RTO Drives Out Talent https://www.hrdive.com/news/despite-driving-out-talent-companies-continue-rto-mandates/717561/#:~:text=Experts%20on%20labor%20and%20workplace,after%20mandating%20on%2Dsite%20work.  Amazon RTO Letter from Andy Jassy https://www.aboutamazon.com/news/company-news/ceo-andy-jassy-latest-update-on-amazon-return-to-office-manager-team-ratio  Top Talent Hard to Find, Harder to Keep from Workday https://blog.workday.com/en-us/workday-global-workforce-report-1H24.html?utm_source=substack&utm_medium=email  Listen to the Breakout Podcast: Apple|Spotify Let us know what else you’d like to hear & see covered: [email protected] Connect with Gareth - https://www.linkedin.com/in/gareth-webb-outscout/ Connect with Jake - https://www.linkedin.com/in/jake-gorgol/ See how OutScout can help you smash your hiring goals - https://www.outscout.io/