To what extent does a referral actually matter.

Basically, I've had a tough time in the job market since graduating in September.

Today, I received a referral from a regional director for an entry-level position. I meet the requirements for the job. I've just grown very pessimistic about the entry-level hiring process. It just seems like a crapshoot. How much do hiring managers actually value a referral? The company has between 100-200 employees.

Thank again

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