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Hiring companies are moving away from jobs boards and recruitment companies and moving towards social media as their dominant recruiting tool.

Between current economic conditions, the evolution of the internet and dwindling HR budgets, the traditional approach of finding a candidate is becoming increasingly redundant. Are we counting down the days to the demise of the recruitment consultant?

A recent online survey, the Jobvite Social Recruiting Survey 2010 asked 600 participants between May and June if they plan to use social media. 92% of those answered that they were planning on using social media to find future candidates.