Yesterday Facebook announced the creation of their job board.
James Willhite as all the details.
“Facebook announced its long-awaited job board this morning, ushering in a new era of online recruiting and, eventually, what’s likely to be an important new source of revenue for the company. After a yearlong ‘Social Jobs Partnership’ with the U.S. Department of Labor and other government agencies, the company released the Social Jobs Partnership application today, an interactive job board that aggregates 1.7 million openings from recruiting companies already working on the platform, including Work4 Labs, BranchOut, Jobvite, DirectEmployers and Monster.com.
…the current application is just an early, lightweight version intended to test recruiting on the platform. It also serves to trigger a PR push letting the general public know that the social network is now a place to find jobs. A more robust version may eventually mean users will see more recruitment-related activity on their newsfeeds.
Given today’s announcement, does November 14, 2012 mark the beginning of the end for LinkedIn? The varied demographics of Facebook certainly differ from LinkedIn’s 175 million older, college-educated users. Le Viet’s Work4 Labs acknowledges this reality, focusing on entry-level and hourly positions rather than the salaried openings for which LinkedIn provides candidates. And as Forbes contributor George Anders noted in a July cover story, LinkedIn Recruiter, the company’s enterprise recruitment tool, is the company’s core business. They have a three-year head start and a product with cachet among recruiters said to rival the Bloomberg terminal for traders. LinkedIn is also a trusted, professional brand created for the explicit purpose of business networking. Older employees may not feel comfortable mixing work with a social platform better known for party photos.”