Student Member
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date:
9/25/2014
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Getting The Most out of Networking
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To understand the importance of networking, it's helpful to examine how people get their jobs. The U.S. Department of Labor says that only about 5 percent of people obtain jobs through the "open" job market -- consisting primarily of help-wanted ads on the Internet and in print publications. Another 24 percent obtain jobs through contacting companies directly -- the cold-contact method of job-hunting. Twenty-three percent obtain jobs through such means as employment agencies, college career-services offices and executive-search firms. The remaining 48 percent -- nearly half of all job hunters, obtain their jobs through referrals -- that is word of mouth. How do they get referrals and find out about jobs through word of mouth? By networking.
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