THE VARIOUS INTERMEDIARIES THAT ARE OPERATING IN THE ACADEMIC MARKET ARE IDENTIFIED AND THE SERVICES THEY OFFER ARE EXPLAINED. INDIVIDUAL INTERVIEWS WERE HELD WITH DIRECTORS OF 15 PLACEMENT AGENCIES AND INFORMATION WAS SECURED ON AN ADDITIONAL 25 THROUGH CORRESPONDENCE. THE ACADEMIC PLACEMENT SERVICES CONSIST OF--(1) COLLEGE PLACEMENT OFFICERS, (2) GRADUATE SCHOOL DEPARTMENTS, (3) EMPLOYER-ORIENTED PLACEMENT SERVICES, (4) PUBLIC EMPLOYMENT SERVICES, (5) PRIVATE EMPLOYMENT AGENCIES, (6) DISCIPLINARY PROFESSIONAL ASSOCIATIONS, AND (7) OTHER PLACEMENT SERVICES SUCH AS COOPERATIVE TEACHER'S BUREAU AND THE AMERICAN ASSOCIATION OF UNIVERSITY WOMEN. THERE IS A GENERAL REALIZATION THAT THE TRADITIONS OF INFORMAL PLACEMENT ARE BECOMING LESS VIABLE. RECRUITMENT MUST BE AGGRESSIVE, JUST AS JOB SEEKING MUST BE EXTENSIVE. THERE ARE MORE THAN 2,500 ARTIFICIAL MARKET INTERMEDIARIES OPERATING IN THE ACADEMIC LABOR MARKET. PLACEMENT SERVICES ACCOUNTED FOR 22 PERCENT OF ALL THE JOBS FOUND IN 1964-65 AND ANOTHER 19 PERCENT SECURED JOBS BY WRITING BLIND LETTERS OF APPLICATION TO POTENTIAL EMPLOYERS. CHANNELS OF COMMUNICATIONS IN THE ACADEMIC LABOR MARKET ARE A LOOSELY KNIT SUPERSTRUCTURE, AND THERE IS UNNECESSARY DUPLICATION OF EFFORT. MANY OF THE PLACEMENT SERVICES ARE TOO SMALL TO BE EFFICIENT. THERE IS A GREAT NEED FOR MORE CONSOLIDATION AND COOPERATION AMONG EXISTING PLACEMENT ORGANIZATIONS. THIS IS A COMPANION VOLUME TO "ACADEMIC LABOR MARKETS" (VT 004 313). (MM)