March 23, 2010 – According to CareerXroads' 9th Annual Source of Hire Study, U.S. employers said referrals, career sites and job boards accounted for the majority of their new external hires in 2009 (62.2 percent). Career sites and job boards accounted for 35.5 percent of new external hires in the U.S. in 2009 and CareerBuilder was ranked as the No. 1 source of hire within the job board category at 41.6 percent compared to 11.6 percent for its largest competitor. “Knowing which recruitment resources produce the best return on investment is especially critical in a time of leaner budgets,” said Matt Ferguson, CEO of CareerBuilder. “CareerBuilder remains the category leader because we pair the most effective matching technology with a consultative approach and global reach. We help businesses and employees build their futures and we take that job very seriously.” In 2009, CareerBuilder outpaced its largest rival by $135 million in North American network revenue, which includes revenue sold by its newspaper partners. Excluding its newspaper partners, CareerBuilder still outsold its largest competitor by $45 million. In Europe, CareerBuilder experienced a 61 percent increase in applications to its jobs in 2009 compared to the previous year. Today, the company operates in 15 markets in Europe as well as in Asia and Canada. CareerBuilder currently has a presence on over 9,000 web sites worldwide.
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