In yet another sign of the eroding influence of newspapers in the classifieds market, a new study claims that just five percent of new hires last year came from newspapers while the Internet was the
source of 51 percent of new hires. The study, commissioned by technology consulting firm Booz Allen Hamilton, found that of that 51 percent, the highest-quality candidates came from employers' own Web
sites and from employee referrals. Internet hiring practices were broken down even further: 21 percent of new hires came from corporate employment Web sites, 15 percent came from general job boards, 6
percent from niche job boards, 5 percent from social networking sites, and just 4 percent came from commercial resume databases. One of the lead authors said the evidence is clear that "the Internet
has transformed the way American employers attract and hire employees." The study was conducted by the Direct Employers Association, a nonprofit composed of more than 200 U.S. employers.
Read the whole story at TechWeb News »