Wednesday, April 13, 2011

CareerXroads "Sources of Hire" Report/ How Important is Networking in Job Search?

Gerry Crispin and Mark Mehler's recently published report from www.careerxroads.com dated March, 2011 contains some very interesting data concerning where new hiring came from in 2010. Not surprising is the fact that nationally, 27.5% of all hires come from Referrals in 2010. This was the number one source of external hires. 24.9% came from Job Boards and 18.8% came from Career Sites. Career Fairs produced only 1.8% of external hires. 50.3% of all vacancies were filled internally. Our Metro area shows some similarities and differences, including the fact that far more of new hirers in this region came through Employee Referral than nationally. There is no question of the importance of networking as a significant source of job leads. Remember that networking, either online or in person, does not happen overnight. Networks must be cared for.

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