Historically, from about a week before Christmas until about the 2nd or 3rd of January there isn't a lot of hiring that happens. This doesn't mean that you have to stop applying for jobs however though I might be even more selective who I apply to. What I will recommend is researching more the companies that you are interested in working for. The more you know about a company or the job the better off you will be when you have an interview. Believe me, I've made the mistake of not knowing what exactly I was interviewing for with very predictable results. Needless to say that I didn't get the job every time that was the case.
I'll also say that now is a good time to double check your resume and cover letters. You want to make sure that they are saying what you want them to say, the image you want to present. Remember, you resume is a bit like an advertisement in some ways. It presents an image of you to the mind of the person reading it. An effectively written resume will make the person reading it want to meet with you. Following this advice will definitely help you to be prepared for the new year.
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