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In your search for employees, the Internet is your happy hunting ground.

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This story appears in the August 2001 issue of Entrepreneur. Subscribe »

Businesses may be struggling with the current economic downturn, but if the surge in the online recruiting industry is any indication, they haven't stopped hiring. Expected by to swell from $474 million in 1999 to $4.6 billion by 2004, the online recruiting industry is thriving, with a handful of sites stealing the spotlight.

"There has been an increase in activity because there are more job-seekers entering the market," says Christopher Boone, e-recruiting analyst for IDC. "The economic slowdown has increased the scrutiny on the hires that companies still have to make."

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