Facts to Consider...

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As of early 2006, approximately 30% of all internet users visited career websites. It is apparent that the usage of the internet is becoming far more prevalent, and consequently far more competitive.

CareerPath.com reported that there were 4.9 million resumes posted in 2002. Today, there are more than 44 million on Monster alone, and Monster is only one of 40,000+ online job boards. A January 2006 article in The New York Times reported that only a total of 3-5% of all job seekers will ever find a position off the internet, inclusive of all online job boards.

Length of the Average Job Search in 2009

It is widely believed that the reliance on job boards has significantly increased the average length of unemployment. According to the Department of Labor, the average length of unemployment lasted 17.7 weeks in late 2005, which was longer than in 1983 when the U.S. economy was emerging from the worst recession since the Depression with unemployment rates exceeding 10.5%. Monster.com writes that job views have increased by 22% and the number of resumes, online, has increased by 23%. This has been significantly exacerbated, in 2009, with unemployment rates lower than in 1983, but the average length of unemployment reaching 22.5 weeks. Recruiters and hiring managers do not consider the Internet to be the most reliable source for finding high quality candidates. 92% claimed that they often receive irrelevant responses to postings, which only prolongs the process for qualified candidates. In fact, a leading international out-placement firm, Challenger, Gray & Christmas, reports that the average job search is now taking 23% longer and climbing.

 

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If you can reduce your job search by one week, you can:

· Make an extra mortgage payment

· Pay for one semester class of your child’s tuition

· Insure your car for two years

· Buy a new computer and printer

· Replace your washer/dryer

· Pay 6 month’s worth of groceries

· Enjoy a weekend getaway with your spouse

· Have weekly maid service for 6 months

· Cover your dry cleaning bill for a year

· Pay for lawn-mowing services for 10 months

· Replace your entertainment system

Reverse Search Program →