There are many numbers that used as an indication of whether or not the economy is improving.
For recruiters, though, there’s really only one number—the number of placements they’re making.
For Preferred Member recruiters in TE Network™, that number has been rising. In fact, according to the Network’s second quarter statistics, placements are occurring more frequently this year than in 2011.
In fact, Preferred Member recruiters have made 24.8% more placements so far in 2012 than they did through the first half of last year.
That can be attributed at least in part to the fact that there are also more job orders in the Network, 5% more job orders than 2011, to be exact.
Companies are handing out more job orders to recruiters, recruiters are submitting more of those job orders to TE Network™, and more Network recruiters are making placements.
So—if you use placements as the true gauge of economic improvement for recruiters, then the economy has improved by 25% over last year, at least according to TE Network™’s second quarter statistics.
What’s been the case for you and your firm? Have placements risen 25% over the past year? Have they risen more than 25%? Less? Why do you think that is?