These figures show that close to 60% of global online job postings are in the U.S. Using this figure, and our estimate of close to 2 million monthly U.S. job postings, we arrive at a global market estimate of close to 3.3 million monthly job postings.

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To arrive at their 2004 revenue estimate, the companies' well-paid advisers seem to have examined historical growth rates at both companies, interpolated them into the future and whacked 4.5% off the total to reflect the inevitable loss of business that occurs as two companies trim sales forces and eliminate product lines.

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