The pie chart below shows the importance of networking in finding a job.
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-calling
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 jobhunters, 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. What is networking? Find out everything
you need to know by going to The
Art of Networking.
[Source: U.S. Department of Labor, 2001]