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July 2011 News Roundup

job board news

  • Military.com and Monster.com Launch Enhanced Veterans Career Center: Monster.com launched a new veterans’ career portal in collaboration with Military.com, a free military and veteran online news and membership organization serving active duty personnel, reservists, guard members, retirees, veterans, family members, defense workers and those considering military careers.
  • Jobfox rolls out social media features: Jobfox added an automated skills-matching “Network Builder” plus LinkedIn and Facebook integration.
  • Job seeker service launches career mapping tool: JobGoRound.com, a resource for job seekers throughout the job search process, said today it has unveiled a new mapping tool, which provides a visual depiction of where the jobs are.
  • Monster launches LinkedIn rival: Monster.com announced that it is boosting its social media presence through a new app called BeKnown, which enables Facebook users to make professional connections that are distinct from their friends. The app is already being labeled a LinkedIn competitor, as it allows users to import LinkedIn data found within their profiles.
  • Taleo buys Jobpartners for $38 million: Taleo has purchased competitor Jobpartners, a European company that specializes in software and people management. The deal was worth approximately $38 million in cash.
  • Company launches “generous” social network referral program:  Entreave, an Austin-based startup that utilizes an online marketplace to connect candidates with companies and recruiters, said today it has launched a rewards program specifically for social networks. Registered users will have the opportunity to generate “generous” income through their social connections by referring friends for job openings listed on Entreave, the company said in a news release.
  • Recruiting Daily Acquires RecruitingBlogs.com: Recruiting Daily announced that it will acquire RecruitingBlogs.com, the social network for recruiters and HR professionals, for $95,000. Following the acquisition, RecruitingBlogs.com will continue to operate as it does today to preserve its brand identity and its loyal community of bloggers and recruiting professionals.
  • TheLadders Guarantees a Job or Your Money Back:   The job site announced today a new product called Signature, a six-month program that promises to help $100K+ professionals find the next step in their career. Signature is a multi-pronged job search approach that involves an aggressive combination of personalized career coaching, advanced interview training, a professionally rewritten cover letter and resume, and weekly sessions with a certified Career Advisor.
  • New mobile recruiting app launched:  JobSpeek, a mobile job posting app that lets the recruiter add a picture of the employer and the ability to record a 60 second audio “hiring message” right from a mobile device, was launched by Chris Russell, owner of AllCountyJobs.com.

employment news

  • Employment Trends Index Declines: The Conference Board Employment Trends Index (ETI) declined for the second month in a row in May to 99.7, down from April’s revised figure of 100.1. The May figure is up 5.3 percent from a year ago.
  • IT worker demand remains robust despite slow economy: U.S. tech hiring for the second half of 2011 will increase as the gradually improving economy results in companies updating their IT systems after scaling back during the recession, according to a hiring survey from technology job website Dice.com.
  • Job cuts on Wall Street: The most recent rounds of job cuts in the financial sector—5% or more at Goldman Sachs Group Inc., 400 to 600 employees at Credit Suisse Group Inc. and a combined 700 jobs at Barclays PLC since the start of the year—could snap the trend. Those jobs might not come back for a long time. Goldman is even shipping some jobs to Asia.

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This newsletter is produced by OnlineRecruitingNews.com, an alliance of top job sites serving specific industries, professions or regions: AfterCollege,AbsolutelyHealthCareCallCenterJobsCareerJuncture.com,  GetAllJobs, JobsInHRRecruiting Nevada, and TopUSAJobs.

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