Recruiter.com Group, Inc. (OTCQB: RCRT), a leading AI-powered hiring platform with the world's largest network of recruiters, unveiled a new program to help 100,000 unemployed people get back to work.
To learn more about the program, please visit https://www.noresume.co.
"The pandemic has accelerated the use of technology in the hiring process for businesses of all sizes," said Evan Sohn, Chairman, and CEO of Recruiter.com. "Businesses have turned to platforms like Zoom and Skype to substitute for in-person meetings and live interviews. But changes in hiring practices are still leaving many capable workers behind. It's now time for new video platforms to be introduced earlier in the hiring process to better address the entire workforce."
"I often ask our team, who aren't we servicing well? The answer is, what I call, the 'unresumed,'" said Sohn. "Unresumed represents people who don't have a resume, let alone a recruiter or a LinkedIn profile, to support them in getting back to work. To level the playing field, we are offering 100,000 free candidate videos for 'unresumed' people. This is an excellent opportunity to show how a simple video can help everyone participate in the recovery of the American economy."
While there has been some robust recovery since unemployment spiked to 14.7 percent in April 2020, not every worker has been able to share equally in that recovery. Workers with less education have been largely underrepresented in job gains. When unemployment rates are broken down by education levels, it becomes clear that highly educated professionals, who hold highly-skilled roles, are doing much better than the rest of the workforce:
- Bachelor's degree or higher: 4.2 percent
- Some college/associate's degree: 6.5 percent
- High school diploma: 8.1 percent
- Less than high school: 9.8 percent
(Source: U.S. Bureau of Labor Statistics, October 2020)
In the wake of COVID-19, hiring processes have largely moved online. Highly educated, highly paid workers are nearly twice as likely as less formally educated workers to have access to high-speed internet and the technological tools that allow them to participate in virtual hiring and remote work. If this digital divide isn't bridged, hundreds of thousands of American workers could be left behind.
Recruiter.com's candidate videos are two-minute, TikTok-like snapshots that showcase who a candidate is, their qualifications, and their desired employment. Recruiter.com will sponsor 100,000 candidate video resumes and provide its video platform and curation services to employer partners that wish to hire from within this pool of talented candidates. Added Sohn. "We invite employers and organizations serving this community to join us, as together, we can make a real difference for a lot of people. The time is now for everyone who wants a job to get recruited."
For more information, go to start.recruiter.com/no-resume.
Recruiter.com Group, Inc.
Recruiter.com is disrupting the $120 billion recruiting and staffing industry by combining an AI and Video hiring platform with the world's largest network of over 27,500 small and independent recruiters. Businesses of all sizes recruit talent faster using the Recruiter.com platform, which is powered by virtual teams of Recruiters On Demand and Video and AI job-matching technology. Visit https://www.recruiter.com.
For investor information, visit https://www.recruiter.com/investors.html.
Please follow social media channels for additional updates:
- LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/
- LinkedIn Company Page: https://www.linkedin.com/company/1240434
- Twitter Company Page: https://twitter.com/recruiterdotcom
- Facebook Company Page: https://www.facebook.com/RecruiterDotCom
Company Contact:
Evan Sohn
Recruiter.com Group, Inc.
Phone: (855) 931-1500
Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as may be required by law.
