The Rise of AI in Recruitment
Companies are increasingly using AI tools to screen resumes, with 48% of hiring managers adopting this technology, aiming to streamline the hiring process and manage the surge in applications.
The AI recruitment sector is projected to grow at a compound annual growth rate of 6.1% from 2023 to 2030, reflecting its growing significance in human resources.
Benefits and Misconceptions
AI's ability to understand the content of resumes beyond just keywords helps identify suitable candidates, even if specific terms are omitted. This shifts the focus from keyword matching to a more holistic assessment of skills.
Despite concerns that AI might overlook resumes, experts clarify that these tools aid HR by managing large volumes of applications, though human recruiters still ultimately review the resumes.