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Key takeaways:
Job postings rose 5% and applications 7% year-over-year, but hiring dropped 10%. Gen Z’s share of applicants is shrinking (40% vs. 44% last year) while millennials re-emerge (23%), bringing different expectations. Employers increasingly use AI for screening and matching, but candidates remain skeptical about its fairness, especially older generations.
Hiring fell 10% this July compared to last year, even as companies posted 5% more job openings and candidates submitted 7% more applications, according to the latest iCIMS Workforce Report. For staffing agencies, this means longer sales cycles, frustrated clients sitting on unfilled requisitions, and