Hidden Job Market Statistics Are Baloney

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Job seekers like to look at job boards to find opportunities — because it’s easy. In fact, with the launch of Google for Jobs this week, it got even easier.

What Is the Hidden Job Market?

Career coaches look at survey reports that show the majority of hiring is done through employee referrals — not through job postings.

Like this:

 

They then call all those employee referral jobs the hidden job market.

We Don’t Know the Source of Employee Referrals

However, we don’t know exactly how the new employee came to be referred. What happened?

1. Did someone inside the

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