Ian Siegel, CEO of ZipRecruiter, on the radical job market shift: 'The future of work is now'

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CEO Ian Siegel of ZipRecruiter witnessed a shift for employers and job seekers amid the pandemic and the rise in inflation. Here are his top insights.

or whether it be interest rates or the war in Ukraine and how it affects gasoline prices, the jury is out."

Here are highlights from a recent FOX Business interview with Siegel, whose company is based in Santa Monica, California.at record volumes. "It will be really interesting to watch — as employers are now forcing employees back into offices — to see if this thirst for flexibility abates."than the job they previously had.

Now, today, it's 10%. And that's not telling the full story, because that's a very simple way of looking at how many jobs are offering the opportunity to be remote. The reason why it works as a recruiting technique, by the way, is — according to the research — job seekers who are able to work remotely save 70 minutes a day.

"If you were to take a job and post it in 50 major metropolitan markets and the same job — say it can be done remotely — you'll get 10,000 applicants. No one will ever go through the candidates.

Starting wages are advertised on a sign in the window of a Taco Bell in Sacramento on Monday, May 9, 2022. Gov. Gavin Newsom's administration announced on May 12, 2022, that soaring inflation will trigger an automatic increase in California's minimumThe job seeker confidence index from ZipRecruiter reports that 44% of job seekers who hope to find a new role in the next six months already have at least one offer.

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