3.7 months. According to this CNNMoney.com article, that was the median time it took to hire in the fourth quarter. As long as that may seem, it trended down from third quarter which is a good sign.
U.S. workers needed less time to land a new job in the fourth quarter of 2006 than they did in the prior quarter, according to a survey released Thursday.After hitting the highest level in more than three years in the third quarter, the median job search time fell 12 percent in the fourth quarter to 3.7 months, according to the survey by Challenger, Gray & Christmas.
While fourth-quarter job search times improved, they were still 19 percent higher than the 3.1 months recorded during the same time a year earlier, the Chicago-based employment placement and tracking firm said.