Tuesday, January 29, 2013

In Hiring, a Friend in Need Is a Prospect, Indeed; New York Times, 1/27/13

Nelson D. Schwartz, New York Times; In Hiring, a Friend in Need Is a Prospect, Indeed: "While whom you know has always counted in hiring, Ms. Parakh’s experience underscores a fundamental shift in the job market. Big companies like Ernst & Young are increasingly using their own workers to find new hires, saving time and money but lengthening the odds for job seekers without connections, especially among the long-term unemployed. The trend, experts say, has been amplified since the end of the recession by a tight job market and by employee networks on LinkedIn and Facebook, which can help employers find candidates more quickly and bypass reams of applications from job search sites like Monster.com."

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