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Internet slows job search
Survey shows hiring process slows when employers bombarded with online resumes from job seekers.
February 18, 2003: 2:47 PM EST

NEW YORK (CNN/Money) - Internet-addicted job seekers may be blamed for the prolonged duration of unemployment, according to a report issued Tuesday by recruitment firm Challenger Gray & Christmas Inc.

Since the onset of the recession in March 2001, the average duration of unemployment has grown to 15.2 weeks, 23 percent longer than the 12.4 weeks it took job seekers to become re-employed during the pre-Internet-era recession that lasted from July 1990 to March 1991, the report said.

"A growing number of unemployed Americans waste time browsing the estimated 4,000 to 5,000 online job sites, blanketing them with resumes, and then waiting for callbacks. It is a formula for long-drawn-out joblessness," said John Challenger, CEO of the recruitment firm.

While the Internet has the potential to be very useful for job seekers, Challenger said it has become the primary tool for many, when it should be considered secondary to the traditional technique of meeting prospective employers in person.

In addition to prolonging job search efforts, the Internet is slowing the hiring process for the employer too, according to the study.

The survey said 92 percent of recruiters and hiring managers were inundated with irrelevant responses, and 71 percent said a majority of the resumes they received in response to an online job posting did not match the job description.

Challenger Gray & Christmas, however, said the Internet has definitely revolutionized job searching, but job seekers should learn how to use the Internet as a tool, instead of relying on it completely.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.