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Timing is important when job hunting
Vittee said: "It may depend on your specific industry or job, but the end of the year tends to be a slower time for new hires as companies and their decision makers are busy wrapping up projects and initiatives before their festive season break.
"During this time of year, companies also find themselves in a position where their budgets are completely maxed out, lessening the odds of new hires. This time may be better spent researching and preparing for the New Year."
Vittee explained that companies' hiring processes are often linked to timelines, specifically the beginning of their fiscal year.
"However, retailers are an exception as they actively hire seasonal employees toward the end of the year, so that they have enough staff for the influx of festive season shoppers. For those looking for full-time employment, a seasonal job may not seem appealing but could, if you perform well, lead to a full-time position," Vittee said.
Customer demand
Alternatively, Vittee highlighted that some companies hire when they experience an influx in customer demand.
"An example of this would be financial institutions, which may hire during the third quarter of the year to ensure they have sufficient trained staff to handle calls about transactions that must be completed by the end of the year," she said.
While these suggestions are helpful for when job seekers should rev up their search, Vittee shares her top tips of what else job-seekers need to consider when on the job hunt:
"Ultimately, there is no scientifically - or otherwise - proven right or wrong time to look and apply for a job, just perspective on when companies are more likely to be looking. These insights also do not take into account that companies hire for different reasons, like replacing staff who have changed jobs. Job seekers should always be on the lookout for opportunities, you never know when or where they will arise," Vittee concluded.