If you have been job hunting and have had no positive results, it could be because your targeted employers are not hiring when you applied. Unbeknownst to most job applicants, some companies limit their hiring process to certain times of the year. Some companies hire during seasons when they experience high volumes of customer contact, and others schedule their hiring process to coincide with company timelines, such as at the end or beginning of their fiscal year. If you are in the market for a job, consider the following. (For related reading, see How To Remain Positive In A Job Search.)

SEE: Retirement Planning

Seasonal Jobs
Most retailers actively hire seasonal employees during major holidays so that they are adequately staffed to service shoppers. For example, department stores may need additional staff during Christmas, Easter and other holidays during which the shopping volumes are high. If you are looking for a full-time job, these may not seem appealing to you. However, if you impress your supervisors, they could lead to full-time positions. When applying for these jobs, do so well in advance of the season, as these companies usually staff in advance to allow time for training.

Hiring by Profession
Some companies hire new employees in order to meet customer demands for professional services. For example, income tax firms may hire new employees at the end of the calendar year in order to be prepared for the tax season. Financial institutions may hire during the third quarter of the year to ensure staff are fully trained to handle calls about transactions that must be done by the end of the year.

In some cases, companies hire based on market demands. For example, if the housing industry is booming, building contractors, architectural firms and bank loan departments may need to hire new staff to handle increased demand from consumers.

Government Contracts and Unusual Events
Check your local newspaper for announcements about large government contracts for projects in your area, as this will likely mean new jobs. You should also pay attention to unusual events, such as if oil is discovered in your area. For example, a recent CNN article discussed a large increase in jobs in North Dakota, which is the result of an oil boom. (For additional reading, see Hot, High-Paying Career Sectors.)

Low Volume Season May Work for You
The summer seems to be the period when most job applications are inactive, and some companies put their hiring processes on hold. While this may seem like the least favorable time to apply for a job, it could work in your favor as not all employers put their hiring process on hold. During the high-volume seasons, employers have a large number of applications to review, which makes it hard for your application to stand out. But, if you submit your application during the low-volume season, you are more likely to stand out if your application is done properly.

The Bottom Line
While these are good suggestions for when you should ramp up your job search, the best time to look for a job is anytime. Companies are always hiring for different reasons, including the need to fill vacancies left by employees who change jobs. Therefore, you always have a chance of being hired even during the off season.

The best approach is to submit your applications all year round if you can, and to as many companies as you can. Doing so will increase your chance of being hired. (To learn more, check out 5 Ways To Make Your Resume Stand Out.)

Related Articles
  1. Professionals

    Small RIAs: How to Level the Playing Field

    In order to compete with larger firms, small RIAs have to get a little creative. Here are a few ways to kickstart growth.
  2. Taxes

    Top Tips for Minimizing Taxes on Severance Pay

    A look at the top ways to lessen the tax burden on severance pay.
  3. Retirement

    These Are the Top Jobs for Retirees

    Learn some of the best jobs available for retirees who want to stay busy. These include retail, driving, call center work and tutoring.
  4. Personal Finance

    8 Profitable Majors For The College-Bound In 2015

    Choose your college major wisely to justify the rising cost of higher education. Here are 8 majors that lead to good jobs and high salaries.
  5. Professionals

    Scholar vs. Entrepreneur: What's Your Calling?

    You don't need a bachelor's degree to launch your own company. But which path — school or entrepreneurship — offers a better start to your work life?
  6. Personal Finance

    8 Reasons Why Valued Employees Quit

    Salaries are important, but retaining top employees requires more than just providing competitive pay.
  7. Professionals

    How Advisors Can Minimize Their Own Risks

    Risk management is important in any enterprise. But when it comes to the financial advisory business, the stakes are higher.
  8. Personal Finance

    Top 5 Ways to Retain Your Best Employees

    You need to think beyond salary to make the most talented people want to stay on for the long term.
  9. Professionals

    The Financial Advisory Business: More Women Wanted

    It's no secret that women are underrepresented in the financial advisory business. Here are some reasons why and what's being done about it.
  10. Professionals

    Why Women Choose Women for Financial Advice

    Women often prefer female financial advisors because client and advisor can relate to each other on a variety of levels.
RELATED TERMS
  1. Lilly Ledbetter Fair Pay Act

    A federal law designed to ensure equal pay for all workers, regardless ...
  2. Age Discrimination In Employment ...

    A federal statute protecting "certain applicants and employees" ...
  3. Society of Actuaries (SOA)

    The SOA is a professional organization for actuaries in the U.S., ...
  4. Networking

    A process that fosters the exchange of information and ideas ...
  5. Credit Business Associate - CBA

    A designation awarded to those who show mastery in financial ...
  6. Always Be Closing - ABC

    Retail jargon used to describe a sales strategy in which a salesperson ...
RELATED FAQS
  1. How can an investment banker switch to a career in corporate finance?

    It's pretty easy for an investment banker to switch to a career in corporate finance. The career skills are easily transferable, ... Read Full Answer >>
  2. How do I get started with a career in asset management?

    The asset management industry has a variety of different career paths. Depending on what asset management area you would ... Read Full Answer >>
  3. For which kind of jobs is having Magnum Cum Laude most important?

    Having a magna cum laude degree is most important for jobs in the fields of finance, management consulting and engineering. ... Read Full Answer >>
  4. Other than accounting, what does a corporate finance job involve?

    While a corporate finance job almost always involves accounting in some capacity, there are many additional job duties and ... Read Full Answer >>
  5. What qualities are necessary to be an effective member of the c-suite in a publicly-traded ...

    Several qualities are needed to be a member of the c-suite of a publicly traded company. The c-suite is business jargon term ... Read Full Answer >>
  6. Which professional athletes are on pace to join Michael Jordan as billionaires?

    Michael Jordan is perhaps one of the most well-known and richest athletes in the world. However, two notable athletic giants ... Read Full Answer >>

You May Also Like

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!