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As Job Market Surges, So Do
Job Sites
Employers and employees use the Web to match people, jobs, and locations as
mouse-clicking gains on envelope-licking .You want to keep the family together,
so you agree to move to accommodate your spouse's transfer.
Or, you decide you want to move
to a new city, perhaps on the other side of the country.
Now, how do you find a job in
your profession, in a location miles away? How about by going online? The
national unemployment rate has fallen to its lowest point in decades, making
recruitment tough in a job-seekers' market--and job sites have proliferated,
and got much stronger, accordingly.
Today, armed with more powerful
search engines, and sometimes links to city- or region-specific URLs, location
is among the first queries job boards try to satisfy. "It's a combination of
the phenomenal growth of the online recruitment market and the current labour
shortage, in which you don't have to move to get a good job," said John Sumser,
founder and chief executive of IBN:InterBizNet, a consulting firm to the online
recruiting industry.
The number of online job sites
has exploded from 500 in 1995 to a predicted 100,000 in 1998, according to
Sumser, and the number of résumés found online grew from about
10,000 in 1994 to 1.2 million at the end of 1997. In that rush to bring
classifieds to the Internet, things were primitive, at first.
During 1997, most job-site
operators sharpened their offerings to get and keep recruiters' business. Now
online job searching has gone mainstream, and is producing solid revenues.
People like to bookmark a job
site and return to it, without having to go through the process of narrowing a
search each time. As a business model, the location-specific career listings
page has its benefits.
"Employment is geocentric, and
the Web allows for true narrowcasting from the employer's point of view," said
Greg Bahue, general manager of Junglee's newly formed employment business unit.
"But many years ago people believed the Web was a national phenomenon. They
didn't see that it really was, or could be, narrow casting."
"The problem with this market
is that most companies are failing to reach their goals of hiring the people
they need," says one employer. "So recruiting is one of the top three issues in
the boardroom."
Internet Recruitment is the
Future - The Times
The Times cautions employers
who have no job application forms on the Internet that they will be missing a
great opportunity to lower their recruitment costs, and to attract the kind of
intelligent people who already see the Internet more as a medium for business
than for pleasure.
Internet recruitment is the
future - and companies that have not embraced this initiative will have to
fight to remain competitive in this changing environment.
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