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Wednesday, June 10, 2009

52% of recruiters seeing signs of better economy

From Kevin Mease, Client Success Manager at TalentSpring:

1. 50% of recruiters are seeing signs that the economy is picking up as indicated by more job requisitions being filled, revenue growth, new product introduction, or fewer layoffs. (I haven’t figured out what industries are growing yet).

2. Most companies expect a 9% increase in size by the end of the year.

3. On average recruiters are spending 3 hours a day on sourcing and 5 minutes reading each resume. It is taking about 34 days to fill most positions right now – C-level and Executive are still the hardest.

4. 69% of recruiters say they aren’t using LinkedIn as a recruiting tool, although 54% have personal networking accounts (that includes both corporate and outside recruiters – I’ll break out the difference in the final report) The survey is still going on at: http://www.surveymonkey.com/s.aspx?sm=O9sOEKISoS1_2fDVjZOvk5zA_3d_3d . Anyone who participates gets a summary of the results – so if you have any friends that want to participate please let them know.

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