'Trust is at an all-time low for both job seekers and recruiters': Hiring platform CEO says talent acquisition is in an 'AI doom loop' | Fortune
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'Trust is at an all-time low for both job seekers and recruiters': Hiring platform CEO says talent acquisition is in an 'AI doom loop' | Fortune
""This is the first time I can remember where both sides were unhappy," he told Fortune. "Employers are basically saying, 'It's really hard to make a hire because we get overwhelmed with tons of applicants and we can't really tell which ones we should pay attention to.' And job seekers are saying, 'It's easier than ever to apply for jobs, but it's harder and harder to get a job.'""
""Across all 1,200 U.S. job seekers polled, almost half said their trust in hiring has decreased over the past year, with the share rising to 62% among U.S. Gen Z entry-level workers. Among the respondents who have lost trust in hiring, 42% blame AI directly. Plus, more than a third of job seekers think AI has shifted bias from humans to algorithms.""
AI tools have accelerated job applications, with LinkedIn applications rising over 45% and a platform peak of 11,000 applications per minute. Three in four U.S. job seekers use AI to polish applications. Only 8% of job seekers believe AI screening makes hiring fairer. Nearly half of 1,200 U.S. job seekers reported decreased trust in hiring over the past year, rising to 62% among Gen Z entry-level workers. Among those losing trust, 42% directly blame AI, and over a third say AI shifts bias from humans to algorithms. Recruiters face application overload while candidates submit more applications.
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