1.6 Million U.S. Jobs Gained in 2011; Ultimatejobboard.com Leading the Way, While Social Media Accounts for Only 1% of Placements »
NEW YORK, Feb. 2, 2012 /PRNewswire/ — The U.S. Labor Department reports 1.6 million jobs gained in 2011, 200,000 of them just last month. And the unemployment rate continues to plummet, currently at 8.5 percent, a level last seen in February 2009.
While the recent adoption of all things social media is widely apparent across many business sectors, including the corporate recruitment space, surprisingly, only 1 percent of employers sited social media as the source of new hires; while an overwhelming 19 percent are placed from an online job board, matched only by internal transfers; even referrals came in lower at 16 percent according to HR consultants Bersin & Associates.
“Over the past 6 months we have seen a measured increase in hiring,” says Jim Patten, Senior Recruiter with Clark Davis Associates, “and despite the advent of social media, we’re finding the fastest and most economical way to build a database of qualified candidates is still through job boards.”
Job boards have proven to and continue to be the major source of new hires; but social media shouldn’t be discounted entirely. “Social media has proven to be more than just a trend, if utilized in a meaningful way,” says Christopher Poreda, founder of ultimatejobboard.com, (UJB) a job board seeing double-digit monthly growth since its launch in early 2010. “We’ve developed the first job board that has effectively integrated social media and useful online tools. When you view a job on our site, you’ll also see profiles of people within that company, and how you’re connected, as well as a suite of tools to help you make an informed decision whether to apply. That’s valuable information as it pertains to the use of social media within the employment space and ensures a higher caliber candidate response.”
Poreda explains, “We’re seeing more and more social media sites enter the employment space, but their integration is proving to be arbitrary with no clear market defining model or direction. We have one focus; ultimatejobboard.com is connecting job posters and job seekers more effectively than any other job board.”
They’re reinventing the industry, it’s free to search and free to post; post as many jobs as you like and keep them posted until they’re filled. UJB profits by offering Premier Partnerships to job posters wanting to increase visibility of their ads. Premier unlimited postings are highlighted at the top of search results and receive over 17 million unique views per month (more than any other job board) for a low monthly rate, a rate less than a single job posting on other popular sites like Monster or CareerBuilder. UJB is so confident in their product that they are the only job board we know to offer incentives like no contracts, price for life and money back guarantee.
There’s no doubt social media will affect the employment landscape, but it’s clear, the job boards that embrace the change in a meaningful way will gain traction as the employment rate continues to rise.
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By Tim Spagnola
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