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...about where they find new hires, and since at least 2005 the top spot has held steady: some 27% come from referrals. (Job boards, by comparison, have fed firms a consistent 12% of new hires; the rest come from recruiters, company websites, etc.) The difference today is that a lot more of those recommendations start with connections made through online networks. A recent report by market researcher Nielsen found that people now spend more time using social networking sites than they do personal e-mail. (Read "Your Facebook Relationship Status: It's Complicated...

Author: /time Magazine | Title: Using Twitter and Facebook to Find a Job | 6/8/2009 | See Source »

Using social-networking sites to look for work - in addition to traditional job banks like Monster and Dice - helped with that emotional part of the job search. Twitter didn't provide many leads, but Ward did come across a lot of other people looking for work. "It turned into a big support network," he says. While he was looking for a job, Ward wasn't able to sleep more than a few hours a night. The first thing he'd do when he got up at 4 or 5 in the morning was send out a tweet. (See the best...

Author: /time Magazine | Title: Using Twitter and Facebook to Find a Job | 6/8/2009 | See Source »

...BEYOND JOB-RELATED NETWORKING LinkedIn proved more useful in finding possible positions. Early in his search, Ward watched a webinar by onetime arena football player Lewis Howes on how to better leverage LinkedIn. Sounds hit-or-miss but Ward got a lot out of it. He began joining LinkedIn groups, even those that weren't work-related, like one for members of his college fraternity. That landed him a note from a vice president at Cisco Systems - a man on the other side of the country who hadn't even gone to the same school as Ward was now telling...

Author: /time Magazine | Title: Using Twitter and Facebook to Find a Job | 6/8/2009 | See Source »

...back to the private sector, which, after all, has been the lifeblood of American arts since the 19th century. But how to operate there at such a treacherous time is a puzzle for a lot of arts groups. This is why Michael Kaiser, president of the John F. Kennedy Center for the Performing Arts in Washington, established Arts in Crisis, a free consulting service for arts groups on the verge of a nervous breakdown. Kaiser is something of a rescue artist. Over the years, he has swooped in as a director to save the Alvin Ailey American Dance Theater...

Author: /time Magazine | Title: Culture Crunch: The Recession and the Arts | 6/8/2009 | See Source »

...lot of good it did him. On June 5, Rio Tinto told Chinalco that their deal would not go through after all. It would, instead, float a rights issue to raise money needed to pay down a massive debt load, as well as enter into a joint venture with BHP Billiton - the mining giant that last year tried to buy Rio outright. Xiong, in a statement issued by Chinalco, simply said he was "disappointed" at the outcome...

Author: /time Magazine | Title: Another Deal Blown, Where Will China Invest Now? | 6/7/2009 | See Source »

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