Why Job Postings Are Not Accurate Looks At Job Market

Monster.com visits the Craigslist office
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Several of my good friends were hit by the latest downturn in global economics and they’ve had asked me to look into a couple job searches for them. Fortunately, in the Bay area, it’s a bit easier to find opportunity and they have all been employed again.

But I did notice one very crazy fact that needs to be addressed. If you make any judgements on the job market based on job placement sites such as CareerBuilder or Monster, the amount of actual positions are actually inflated. Didn’t know that? Here’s a way to tell. If you’ll notice that in every single city, or whatever zip code you put in, there are usually several jobs that seem very similar. In fact, the chances are that they are the same position. Job placement companies often take an actual job opening and create their own position in that market in hopes to getting people to sign up for it. Then they go to the company and ask for a referral fee, or sometimes broker the deal so for example, if the original hourly wage was thirty dollars, then the employee would get seventeen and the rest would be the placement agency’s fee.

What really stinks about this tactic is that you really could be wasting your precious time in finding a position since you have to filter through positions that you might have already applied for directly. My suggestion? Find out where the position is and apply direct to the corporation. You’ll get the most bang for buck, and unless the placement agencies have a track record with that corporation, it’s unlikely you’ll have something great out of it.

In any case? Good luck with your search.

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