Recruiter.com’s Recruiter Index® to be Featured on CNBC for 10th Consecutive Month

Rhea-AI Summary

Recruiter.com Group, Inc. (OTCQB: RCRT) announced that CEO Evan Sohn will present the February 2021 Recruiter Index® results live on CNBC on March 4. The Recruiter Index® surveys over 26,000 recruiters and has a proven track record of forecasting Labor Department job reports based on recruiter sentiment. This data is essential for generating insights into business growth opportunities. Recruiter.com is transforming the $120 billion recruiting and staffing sector with its AI and video-hiring platform, enhancing recruiting efficiency.

Positive

• CEO Evan Sohn to present Recruiter Index® results on CNBC, raising visibility.
• Recruiter Index® successfully forecasts Labor Department job reports, enhancing credibility.
• Company leverages a large network of over 27,500 recruiters to gain market insights.

Negative

• Potential risks from the COVID-19 pandemic affecting job demand and market conditions.
• Reliance on the accuracy of the Recruiter Index® survey could pose forecasting challenges.

HOUSTON, March 04, 2021 (GLOBE NEWSWIRE) -- Recruiter.com Group, Inc. (OTCQB: RCRT), a leading AI-powered hiring platform with the world's largest network of recruiters, is pleased to announce its Chairman and CEO, Evan Sohn, will present the results of the Company’s Recruiter Index^® for February 2021 live on CNBC this Thursday, March 4, on “The Exchange,” which airs 1 p.m. to 2 p.m. ET.

The Recruiter Index^® is a survey of the Recruiter.com recruiter network, which is comprised of more than 26,000 small and independent recruiters. It has a successful track record of forecasting the Labor Department’s jobs report by relying on the sentiment of recruiters.

“We are generating a wealth of data across the business landscape as our network continues to grow, providing strong insight into areas of business that show the most potential for growth, and I am excited to once again share the latest results with the CNBC audience,” said Sohn.

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:

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, including the anticipated improvements of the job market over the short and long term, expected improvement of the job requirement loads in the next 30 days, expected robust recoveries in the healthcare, construction and education segments, and the anticipated increase in demand in the aviation / aerospace segment and the arts / music / journalism segment. 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.

FAQ

What is the Recruiter Index® and its significance for RCRT?

The Recruiter Index® is a survey that reflects the sentiment of over 26,000 recruiters, successfully forecasting Labor Department job reports, thus providing valuable insights for RCRT.

When will the CEO of RCRT present the Recruiter Index® results?

Evan Sohn, the CEO of Recruiter.com Group, will present the Recruiter Index® results on CNBC on March 4, 2021.

How does Recruiter.com impact the recruiting industry?

Recruiter.com is disrupting the $120 billion recruiting industry by combining AI and video hiring technologies with the largest network of independent recruiters.

What challenges does RCRT face according to the press release?

RCRT faces potential risks from the COVID-19 pandemic affecting job demand and reliance on the accuracy of the Recruiter Index® survey for forecasting.