I don’t know about you, but I think having a 93% employment rate is pretty damn good!
Take this little test:
1. Pick any profession or trade – even unskilled positions.
2. Bring in 100 currently employed people within your specific position you chose.
3. Interview all 100.
4. Now – tell me out of the 100 you interviewed – would you offer a position to 93 of them!?
No way, ever, in any position!
Let’s break down the 100 interviews:
– 3 – you’ll have 3 candidates that won’t even show up – car trouble, emergency, alarm clock didn’t go off, etc. (these are automatic ‘No’s’)
– 4 – you’ll have 4 candidates that will show and you will wish they hadn’t for a number of reason – most dealing with hygiene and/or obnoxious laughing or talking.
– 2 – you’ll have 2 candidates that will be completely arrogant and won’t fit your culture – no offer.
– 5 – you’ll have 5 candidates that you’ll like, but they won’t like you.
The reality is your pool is about 85 of 100 on your very best, most lucky day. You’re not really selecting from 100 ever. So now you have 85 candidates of which you’ll find some too light or too heavy on experience, you’ll hate the school they graduated from, you’ll get bad references on a half dozen, etc.
I’m telling you right now – at 93%, America is fully employed! I’m always amazed to hear people in business talk about high unemployment. I don’t think they really understand what that number represents. When you talk to HR people, 100%, they’ll be able to give you a list of people who are working for them, that they wish weren’t working for them, but they can’t find anyone better!