The startup job market: the fastest growing job industry

As a startup you don't have some of the advantages that more established companies have: an established employer brand, a high amount of inbound leads and a big recruitment team.

But you can make use of some of the advantages of being a startup if you understand how the startup hiring market works.

These are four key startup hiring statistics that matter.

Startup job market is the fastest growing job market

The startup and scaleup job market is the fastest growing job market growing with +8% yearly. Even when corona hit startup jobs kept on growing with 4%, showing an amazing resilience.

The majority of the jobs created do not come from the emerging giants, but rather from companies under 5 years old (57%).

The growing market means a growing demand for tech talent who become increasingly harder to win for your company. Technology companies are competing for tech savvy and growth minded talent. But talent is also catching up with new skills. Look at generation Z for an example (now in their 20's), who adopt new technologies faster than any other generation.

There is more data than ever

On LinkedIn only there are already 700 million users. Indeed has 100 million, GitHub 40 million, Xing 19 million, Stack Overflow 14 million, not even to mention Facebook, Dribble, Twitter and other platforms.

Recruitment professionals, also during times of Covid-19, mention the biggest priorities are building candidate pipeline (66%) and filling current requisitions (53%).

These goals can be achieved by expanding your perspective from local to global sourcing and making use of the data that's available in a smart way. Looking further than LinkedIn only and accessing the billions of online profiles including the niche social tech platforms.