We really don’t understand the beginning of your article.
2 areas:
1. As an online recruitment company we experience an average of 120 applications per vacancy (not 6-7) and this is rising.
2. Comments about how online recruitment companies have to make a placement before they "get their buck"? I think you may be confusing this with recruitment agencies.

Just to clear a few things up about the industry:

Online recruitment job board sites - Attract the applicants through various means.
They either sell advertising space to recruitment agencies or employers and charge up front for doing this.

a href="http:" / Flat Fee Recruitment /a or Online Recruitment Companies
Like www.hrconnexions.co.uk Use internet tools to help the employers streamline their recruitment processes. They rely on a low cost and up front fee to cover advertising on the job boards and then any service involved in filtering and communicating with the applicants. For companies who are still recruiting and looking to reduce their recruitment costs this a cost effective option and an industry that is growing.

Recruitment Agency / Head Hunters
Find candidates and then introduce to a company and then charge a large fee for the privilege and “get their buck”

Hope we have cleared up a bit about some of the jargon in the industry

if you were Bill Gates, you'd be happy and loaded...somehow, I don't think UpMo has old Alexander on their roster of models..

UpMo positions itself as a Career GPS, not a job search solution. Digging into the site (and as echoed in their press release), it's clear that they recognize the distinction between "careers" and "jobs", and provide a solution to service/manage the former. How is this relevant to job searchers? Well, having a career plan and knowing what's required to get from point A to B makes for a more effective job search.

Gosh, at the current rate of job losses, we'll have an economic recession before long.