Final answer:
Networking is the term for communicating with people you know or meet to share information about a job, which is a key strategy for accessing the hidden job market where up to 80% of jobs may exist.
Step-by-step explanation:
Communicating with people you know or meet to share information or advice about a job defines networking. The hidden job market refers to job opportunities that are not publicly advertised and are typically filled through internal recommendations or connections. Accessing this market is vital because up to 80% of available jobs may only be found there. Effective networking strategies include creating a contact list, preparing an 'elevator pitch', conducting an email campaign, and leveraging social media platforms like LinkedIn to make new professional contacts.
The use of the internet has greatly simplified the process of job hunting, making it easier to find information about companies and submit applications online. Furthermore, having a professional portfolio and tailoring your application materials to the job ad can enhance your job search efforts. It's also essential to be wary of potentially fraudulent job ads and offers.