File - Some 77 percent of employers used sites, such as LinkedIn, to recruit last year.
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In a month's time, the invitation had turned into a new job.Some 77 percent of employers used networking websites to recruit potential job candidates last year, up from 34 percent in 2008, according a 2013 study by the Society for Human Resource Management, a trade group representing human resource professionals.As for those looking for work, 21 percent found their "favorite or best" position through online social networks such as Facebook Inc., LinkedIn Corp. or Twitter Inc., according to a report released in February from social recruiting platform Jobvite Inc. So-called social job-seekers tend to be younger, wealthier and are more likely to be employed full time, the study found. About 2.5 unemployed people were competing for every opening in February, near the lowest level since July 2008 though still up from 1.8 when the recession began in December 2007 .At the same time, the quits rate for private employment, which shows the willingness of non-government workers to leave their jobs, was at 1.9 percent in February, near its highest level since October 2008, Labor Department data show. A rosier economic outlook may give some employees an impetus to change jobs, especially younger workers who were spooked by the recession and stayed with their companies as opportunities became scarce, according to Harry Holzer, a professor of public policy at Georgetown University and a former chief economist for the U.S. Labor Department.Because workers experience their largest earnings growth in the first 5 to 10 years of employment, more job-shopping may also mean improved incomes, Holzer said.
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