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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 4_The Hidden Job Market

Week 4_The Hidden Job Market

Q Although estimates vary, it is suggested that 80% or more of the job openings that exist are in the hidden job market. What is the difference between the published job market and the hidden job market? What techniques would you usually use to access the published job market? What techniques would you use to access the hidden job market? And, if you are already a professional in your field and do not intend on seeking a different opportunity within the next 5 years, how might being aware of the hidden job market be of value to you? Additionally, many of you may be in a position to hire employees (or will be in the future). That noted, how might knowing about the hidden job market impact your strategy to recruit and hire qualified candidates?

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The basic differences in between the published job market and the hidden job market involve the form and way of the publication. There are publication of the available jobs in the media, such as in radio, television, magazines, social media, and newspapers. On the other hand, the jobs of the hidden job market are not published. The published job market is often used at the mass level whereas the hidden job market suggests only to recruit very few people. The chance of the referral candidates in the hidden job market are high than the published job market.