May 15, 2015 - Referral-based hiring trend lands most US jobs
By Dr. Eric Fruits, Econ Minute Firms often use referrals from existing employees to hire new workers. About 50 percent of US jobs are found through informal referral networks and about 70 percent of firms have programs encouraging referral-based hiring. One can argue that the social networking site LinkedIn is mostly a referral-based job board […]