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Facebook To Launch Job Board by mukina2: 6:35pm On Jul 07, 2012
Facebook Inc. (FB) is planning to launch its own job board later this summer, said people familiar with the matter. The board will aggregate the job postings of third-party providers, making them available for search by Facebook users.

While these knowledgeable people said the new effort doesn't yet signal that Facebook is making a full-blown entry into the job-recruiting market, it does represent more of a threat to other professional networking sites such as LinkedIn (LNKD), should the social-networking giant get more serious about the project.

At least three job-posting companies that currently leverage Facebook's platform will be involved in the new offering, including BranchOut, Jobvite, and Work4 Labs, the people said. Some partners have begun telling their clients about the job board, which could launch as soon as early August. Initially, Facebook doesn't plan to monetize the service, and it's unclear whether the social network aims to do so in the future.

A Facebook spokesman said, "We don't comment on rumor and speculation." Representatives for BranchOut, JobVite and Work4Labs did not immediately respond to requests for comment.

"It doesn't feel like a big effort that they've worked on for a long time," said one person with knowledge of the new jobs effort. "It feels lightweight." The person speculated that the effort was meant to drive user engagement on the site.

It's also unclear whether Facebook will integrate the postings into its users' news feed, or whether the postings will only exist in a standalone section of the website. Facebook had a third-party developer create the new site, said a person familiar with the matter.

In October, Facebook announced a partnership with the U.S. Labor Department and other partners to provide job-hunting resources. At the time, Facebook said that the "partnership will explore and develop systems where new job postings can be delivered virally through the Facebook site at no charge."

This new effort, which is being seen by some as an extension of this partnership with the Labor Department, could help give Facebook positive exposure in an election year when concerns about unemployment are high, said one person familiar with the matter. "If it takes off, they could devote more resources to it," the person said.

In recent years, the success of sites like LinkedIn, which merge users' personal and professional histories with information about jobs, have put pressure on once-dominant sites like Monster.com. While job seekers once considered sharing information on Facebook to be a liability when finding a job, today a host of companies, including those partnering in the new job board, have popped up promising to better match job seekers and recruiters using profile information from Facebook users.

The global online job-recruitment industry is estimated to be as big as $4.3 billion.

Companies and corporate recruiters already use Facebook to recruit new employees. Several large companies, including Unilever (UN, UNA.AE), Boeing Co.(BA), Dell Inc. (DELL), Microsoft Corp. (MSFT), Walt Disney Co. (DIS), PricewaterhouseCoopers and Wal-Mart Stores Inc. (WMT) have Facebook career pages--some have as many as 80,000 "Likes." College students who want to get a job at a particular company often choose to "Like" that company's recruitment page.

The job-postings business has been undergoing a restructuring since the successful IPO of LinkedIn. Analysts expect generic job boards to become less attractive to recruiters seeking high quality job candidates.

Two types of job boards expected to gain include those that employ social networking and those that target specific job seekers. On June 30, Dice Holdings Inc. (DHX) agreed to buy FINS.com, a targeted job board with editorial content, from Dow Jones & Co., publisher of this newswire and a unit of News Corp. (NWSA, NWS.LN), for an undisclosed sum.

http://online.wsj.com/article_email/BT-CO-20120706-710695-kIyVDAtMUMyTzAtNjIwMDYxWj.html

1 Like

Re: Facebook To Launch Job Board by dani1luv: 6:42pm On Jul 07, 2012
ok na grin grin
Re: Facebook To Launch Job Board by Afam4eva(m): 6:46pm On Jul 07, 2012
There traffic go double. I've noticed that job websites are always filled with people especially people in third world countries like Nigeria.
Re: Facebook To Launch Job Board by blackboi(m): 6:50pm On Jul 07, 2012
Facebook...empowering wicked scammers
Re: Facebook To Launch Job Board by ebamma(m): 6:57pm On Jul 07, 2012
rest in peace facebook,i pray that you keep your shareholders happy.
Re: Facebook To Launch Job Board by NET1(m): 6:59pm On Jul 07, 2012
These Facebook boys want to do everything.....Na wa o.

.NET
Re: Facebook To Launch Job Board by violent(m): 7:01pm On Jul 07, 2012
Good growth strategy for Facebook.
Re: Facebook To Launch Job Board by Walexz02(m): 7:19pm On Jul 07, 2012
na them wnt pack all trafic 4 ds world cool
Re: Facebook To Launch Job Board by Bayils(m): 7:21pm On Jul 07, 2012
blackboi: Facebook...empowering wicked scammers
at least it's a Good motive, bec mind ўσu all reserved privacy αηd security ωïll be made available.. Let's just ωait αηd see..

In other News more traffic generating venue to those companies"
Re: Facebook To Launch Job Board by SisiKill1: 7:23pm On Jul 07, 2012
So now Facebook wants to take on Monster, Job.com and Career Builder?

What's that old saying again . . . Ya know, the one about a rolling stone? cheesy
Re: Facebook To Launch Job Board by Bayils(m): 7:23pm On Jul 07, 2012
blackboi: Facebook...empowering wicked scammers
Re: Facebook To Launch Job Board by skyhighweb(m): 7:44pm On Jul 07, 2012
facebook is going off topic if they not careful they may end up like my space
Re: Facebook To Launch Job Board by Maleeq(m): 8:00pm On Jul 07, 2012
No thanks! I'd prefer to separate my social, albeit crazy, life separate from my professional life!

Imagine applying for a job where you state that "you are a very serious minded person", and then you have pictures of you drunk as hell or something even crazier on your profile! grin The employer wouldn't take you seriously. Unless they come up with a means of separating both. A lot can be deduced from stuffs a simple as a "like" or comments on facebook that could tell about a person. These may not go down well with recruiters. Just my 2cents

3 Likes

Re: Facebook To Launch Job Board by emmyitodo: 8:04pm On Jul 07, 2012
i just hope facebook dont want to get ahead of theirselves. Ben Carson says:- growth for the sake of growth, is the philosophy of a cancerous cell. i advice they thread gently and take their ambition with reasonable stride before they Spiral off tangent. i tell u google plus is waitng for the opportunity to pounce. i will regard it as speculation and wish fb dont crack like the rest.
Re: Facebook To Launch Job Board by PrinceNN(m): 8:10pm On Jul 07, 2012
Maleeq: No thanks! I'd prefer to separate my social, albeit crazy, life separate from my professional life!

Imagine applying for a job where you state that "you are a very serious minded person", and then you have pictures of you drunk as hell or something even crazier on your profile! grin The employer wouldn't take you seriously. Unless they come up with a means of separating both. A lot can be deduced from stuffs a simple as a "like" or comments on facebook that could tell about a person. These may not go down well with recruiters. Just my 2cents

Thank You!....
Re: Facebook To Launch Job Board by Paentera(m): 8:28pm On Jul 07, 2012
mukina2:

http://online.wsj.com/article_email/BT-CO-20120706-710695-kIyVDAtMUMyTzAtNjIwMDYxWj.html

Any serious business will go to LinkedIn to recruit not Facebook
Re: Facebook To Launch Job Board by osifred(m): 8:48pm On Jul 07, 2012
Maleeq: No thanks! I'd prefer to separate my social, albeit crazy, life separate from my professional life!

Imagine applying for a job where you state that "you are a very serious minded person", and then you have pictures of you drunk as hell or something even crazier on your profile! grin The employer wouldn't take you seriously. Unless they come up with a means of separating both. A lot can be deduced from stuffs a simple as a "like" or comments on facebook that could tell about a person. These may not go down well with recruiters. Just my 2cents

boss i almost choked cos i was eating while glancing through this thread. but how can a very serious minded person in quote be drunk as if that is not enough then you post it online for the world to see and you still call yourself a serious minded person

1 Like

Re: Facebook To Launch Job Board by violent(m): 9:02pm On Jul 07, 2012
Maleeq: No thanks! I'd prefer to separate my social, albeit crazy, life separate from my professional life!

Imagine applying for a job where you state that "you are a very serious minded person", and then you have pictures of you drunk as hell or something even crazier on your profile! grin The employer wouldn't take you seriously. Unless they come up with a means of separating both. A lot can be deduced from stuffs a simple as a "like" or comments on facebook that could tell about a person. These may not go down well with recruiters. Just my 2cents

It may be the case that you wouldn't have to apply for the jobs using your actual Facebook profile. I'm convinced that the platform is only likely to provide a link that may either take you to the recruiters application form page or an alternative page where you can simply submit your Resume and covering letters.
Re: Facebook To Launch Job Board by violent(m): 9:06pm On Jul 07, 2012
Paentera:

Any serious business will go to LinkedIn to recruit not Facebook

And why is this the case? Are people on Linkedn likely to be largely different from those on Facebook? I do have both accounts, and so does many other people i know. What difference does it make that a company reaches out to potential employees through either platforms?

If companies have to pay more to recruit via LinkedIn than Facebook, then it makes more economic sense that they are likely to opt for the latter. Also, LinkedIn is estimated to have roughly 100million users while Facebook is believed to be closing towards the 1billion landmark. It means you are 10 times more likely to make better recruitment choices via Facebook than on LinkedIn.
Re: Facebook To Launch Job Board by trigar12(m): 9:30pm On Jul 07, 2012
I pity FACEBOOK SHARE HOLDERS.
Re: Facebook To Launch Job Board by trigar12(m): 9:34pm On Jul 07, 2012
violent:

And why is this the case? Are people on Linkedn likely to be largely different from those on Facebook? I do have both accounts, and so does many other people i know. What difference does it make that a company reaches out to potential employees through either platforms?

If companies have to pay more to recruit via LinkedIn than Facebook, then it makes more economic sense that they are likely to opt for the latter. Also, LinkedIn is estimated to have roughly 100million users while Facebook is believed to be closing towards the 1billion landmark. It means you are 10 times more likely to make better recruitment choices via Facebook than on LinkedIn.
Ibillion unserious people, facebook is just like a dating site to me. Linkedln have professionals discussing issues that concerns business
Re: Facebook To Launch Job Board by Nobody: 10:47pm On Jul 07, 2012
Maleeq: No thanks! I'd prefer to separate my social, albeit crazy, life separate from my professional life!

Imagine applying for a job where you state that "you are a very serious minded person", and then you have pictures of you drunk as hell or something even crazier on your profile! grin The employer wouldn't take you seriously. Unless they come up with a means of separating both. A lot can be deduced from stuffs a simple as a "like" or comments on facebook that could tell about a person. These may not go down well with recruiters. Just my 2cents
u just revealed what's on my mind.
Re: Facebook To Launch Job Board by xcitedjay(m): 10:59pm On Jul 07, 2012
Job interviewer already use facebook as a tool for easy elimination.
Re: Facebook To Launch Job Board by Gudiza(m): 2:36am On Jul 08, 2012
emmyitodo: i just hope facebook dont want to get ahead of theirselves.[b] Ben Carson [/b]says:- growth for the sake of growth, is the philosophy of a cancerous cell. i advice they thread gently and take their ambition with reasonable stride before they Spiral off tangent. i tell u google plus is waitng for the opportunity to pounce. i will regard it as speculation and wish fb dont crack like the rest.

@bolded: Is Ben Carson a multi billion million dollar man?
Re: Facebook To Launch Job Board by Wilfredng: 7:40am On Jul 08, 2012
trigar12:
Ibillion unserious people, facebook is just like a dating site to me. Linkedln have professionals discussing issues that concerns business
[center][size=20pt]Q.E.D![/size][/center]
Re: Facebook To Launch Job Board by ektbear: 10:51am On Jul 08, 2012
Poor LinkedIn embarassed
Re: Facebook To Launch Job Board by sisqology(m): 3:14am On Jul 10, 2012
Dammit!
Re: Facebook To Launch Job Board by Ayoday: 4:21am On Jul 10, 2012
Why ppl are so wicked??

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