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I found it the most helpful to work with multiple recruiters. Be very picky with what you are looking for in a job and tell them. Then they will help you find good fits. Focus your time on interview prep so you are ready to interview on short notice.
I think it's fairly effective depending on the company you are applying to. For my company (post-EY), the recruiters get you on the short list of candidates presented to the hiring manager. We review applicants that directly apply too, but the recruiters have usually already screened who they are presenting, which makes them aligned with our target comp, experience, and how they present. And they give a short blurb to introduce you and highlight your top qualities.