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December 2009 roundup

industry news

  • Online advertised vacancies declined by 83,200 to 3,280,000 in October, according to The Conference Board Help-Wanted OnLine Data Series (HWOL)™. Online labor demand has been relatively flat since the low point in April 2009, increasing a modest 117,000, or slightly less than 20,000/month. The October decline reflected dips in labor demand across much of the nation.
  • Job boards not dead yet: At the recent Onrec Expo in Chicago, job boards and their evolution were discussed – several are getting a head-start in the still-young industry and leveraging their brands to evolve toward the social web.
  • Monster.com opens new facility: Monster.com has opened a new facility in Florence,SC, bringing with it hundreds of new jobs.
  • Monster shares rise, options spike on takeover talk: Shares of Monster Worldwide Inc. (MWW) rose and options activity spiked Wednesday, Nov. 19, as takeover speculation circulated on message boards.
  • Yahoo Careers website patched to close SQL flaw: Security researchers have helped to close up a blind vulnerability on Yahoo’s careers website.Through their normal surveillance of cybercrime forums, researchers at web application firewall provider Imperva noticed discussion about the flaw, present on careers.yahoo.com and which could allow attackers to extract database contents, including personal information.
  • Monster’s new resume search is a winner: A few weeks ago, confident that its $100 million investment was the homerun it expected, Monster turned Power Search live, premiering it during an analyst meeting that was also webcast over a marathon five hours or so. Tuesday, the company demoed the new search for a group of recruitment consultants and bloggers. And the result was no mere home run; think grand slam. In a word, Monster’s new Power Resume Search is stunning.
  • TweetMyJobs launches social media promo: The Twitter-based job site has rolled out a social media-based contest for less than $2500.
  • Online recruitment up slightly in Oct., according to Monster. The Monster Employment Index edged up one point in October, to 120 from 119, the fourth increase since October 2008. However, the index is down 20 percent from a year ago, the least amount since October 2008, Monster said.
  • IT will be a focal point for postrecession hiring as employers prepare for pent-up project demands, according to a recent CareerBuilder/Robert Half survey.

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