Recruitment companies are turning to generative artificial intelligence to identify candidates and boost efficiencies as the jobs market begins to cool.
“Talent markets have been tight for a while, meaning companies struggle to find humans for open jobs,” says Tomas Chamorro-Premuzic, chief innovation officer at global recruiter ManpowerGroup, professor of business psychology and expert in hiring technologies. “AI is massively helpful here: it enables recruiters to look at talent in wider, broader, more unusual places, scraping and scanning through millions of applications.”
Efforts to identify more candidates come as a fall in the number of permanent vacancies hits recruiters’ fee income.