UPDATE: Facebook Launches Social Jobs Partnership Application
Facebook Launches Social Jobs Partnership Application
When it comes to economic growth, few issues are more important than matching qualified candidates with great jobs. In that spirit, we know that the power of social media – the connections between friends, family and community – can have an outsized impact on finding jobs.
Last year, the U.S. Department of Labor, the National Association of Colleges and Employers (NACE),DirectEmployers Association, the National Association of State Workforce Agencies (NASWA) and Facebook (NASDAQ: FB) joined forces to create the and Social Jobs Partnership, an initiative that leverages social media to connect great jobs with great candidates.
Today, the Social Jobs Partnership (SJP) is thrilled to unveil our Facebook app [https://www.facebook.com/socialjobs/app_417814418282098], a new tool that will make it easier for people on Facebook to find and share employment opportunities.
The new SJP app is a central location where recruiters can share open positions with the Facebook community sorted by industry, location and skills. Today, the app launches with employment opportunities provided by BranchOut, DirectEmployers Association, Work4Labs, Jobvite and Monster.com (NYSE: MWW). Together, these developers are offering applicants access to more than 1.7 million jobs currently hosted on Facebook.
The SJP created this app to tap into the growing trend of talent acquisition through social media. A recent NACE survey found that Facebook is emerging as an important factor in linking qualified jobs with qualified candidates. The survey found: · Half of employers (50 percent) are using Facebook in their hiring process. A majority (54 percent) already using the social network anticipates Facebook becoming a more important part of the talent acquisition process in the near future.
· Nearly 90 percent of companies stated that Facebook has decreased the amount of print advertising needed with regards to their recruiting efforts, making Facebook a cost effective way to find new talent.
· Of companies using Facebook to acquire new potential employees, more than half state the importance of networking and referrals. The number one suggestion by recruiters (87 percent) is for candidates using Facebook to 'Like' a desired company's Facebook page, followed by using Facebook as a networking tool.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.