Letgo is a rising mobile marketplace. Photo credit: Facebook US-based classifieds start-up Letgo recently raised $175M in funding and is now poised to take on mobile marketplace competitors like job portal Craigslist and OfferUp. “We began with aggressive marketing on Oct. 17, 2015… and back then very few people were aware of Letgo,” co-founder Alec Oxenford told Forbes. “Today, we have surpassed the 45 million downloads milestone a couple weeks ago and a third of all listings are sold.” Letgo offers users the usability of an online marketplace with the convenience of being able to access it on their mobile phone.
Australia-based job portal SEEK.com.au is using machine learning and artificial intelligence to provide users with targeted job advertisements and alerts. SEEK’s new machine learning algorithm has a global reach, making more than 2.5 billion recommendations to jobseekers in Australia, Brazil, Malaysia, Mexico and China among others. It’s constantly learning about what users might like to see by analysing their search history, profile what alerts they respond to. It then uses this analysis to tailor and then display content that’s in line with their interests. "It's really about using predicative analytics to predict the opportunities that might be relevant. The
The way video games are made is changing. Photo credit: Shutterstock The number of jobs posted for game developers has declined 65 percent since 2014, according to an analysis by US job portal Indeed. Searches for game designer jobs has remained relatively constant since 2014. However, game developer job searches have grown over 50 percent. And searches for augmented reality and virtual reality gaming jobs have skyrocketed, with searches up 1,500 percent. Job postings for AR/VR are up 400 percent. And after a decline in 2014, job growth for esports has steadily increased, up 40 percent overall. The companies with the
Photo credit: Shutterstock The Naukri JobSpeak index for December 2016 stood at 1,659, which is 7 percent down from December 2015. The fall in the index is reflected in a decrease in hiring in key metro cities like Delhi NCR, Mumbai and Bengaluru. "Post an impressive 14 percent growth in November the Jobspeak index has shown a negative growth of 7 percent in December. But for BFSI, Insurance and ITES almost all the sectors are showing negative growth," V Suresh, Chief Sales Officer, Naukri.com said in a statement. Although December 2016 was a slow month for hiring, the banking Industry
Photo credit: Shutterstock The Washington State Employment Security Department has been awarded the 2016 Monster Innovation Award. Selected by Monster's Customer Advisory Board, the Monster Innovation Award recognizes recruiting excellence, celebrating the year's best recruiting success story in using Monster's innovative solutions. In announcing the winner of the award, Mark Stoever, Chief Executive Officer of Monster said in a statement, "All three award finalists are stellar examples of how to innovate in recruiting using Monster's extensive and industry-leading capabilities.” “The winner, The Washington State Employment Security Department, and the other top two finalists, CHRISTUS Health, and National Interstate Insurance Company, all clearly echo our own
The oil and gas industry continues to lead growth in online recruitment. Photo credit: Shutterstock According to the Monster Employment Index (MEI) for November, the oil and gas sector in Saudi Arabia has experienced a 34% increase in online recruitment. While there’s been an overall decline in year-on-year momentum in Saudi Arabia — a 7-percentage point decline from -12 percent in October to -19 percent in November — the oil and gas industry continues to lead growth in online recruitment in the area from the same period last year. This is followed by 10 percent growth in the education sector.
US-based job portal giant Indeed.com has just released the results of its survey on companies that offer the best and worst job security. The survey looked at 1,000 of its users who are looking for a job. Indeed discovered that more than 40% said job security was one of the most important factors candidates take into account. Most important, according to respondents, was compensation followed by health benefits and job location. Job security came in fourth. "That shows the power of security for people who are not only unemployed, but seeking to make a career change," Paul Wolfe,
New statistics reveal boost in job listings. Photo credit: Shutterstock The number of online job adverts published on European recruitment portal Profession.hu was up 22% last year compared to 2016. This is due in part to a labour shortage in Hungary where most of the employers that post on the site are based. As a result, requirements for positions advertised by employers have dropped. Last year, only 47% of positions on offer required applicants to hold higher education qualifications, dropping from the previous year’s 62%, according to data from Profession.hu. The number of positions requiring foreign language knowledge also dropped
Indeed appoints new Aussie head of communications. Photo credit: Shutterstock Online recruitment giant Indeed.com has appointed Fiona Portet as head of communications for Australia and New Zealand. While Indeed dominates the online recruitment market in the US, it launched an Australian branch in 2013. Portet took the newly created role after previously helping the brand manage it public relations through her Melbourne consultancy Portet Partners. Portet told Mumbrella: “One of the reasons I joined the company is it has incredibly ambitious goals and is growing incredibly fast. As a PR team one of our ambitions is to lead the global
Companies with positive online reviews have the advantage over those with negative ones. Photo credit: Shutterstock New research from job portal Glassdoor.com suggests that companies with positive online employee reviews have an advantage when it comes to recruiting job candidates. Glassdoor’s data also showed that strong employer brands lead to more applications and lower salary requests. The study, developed by University of Las Palmas de Gran Canaria, Las Palmas, Spain looked at whether online employee reviews influence job seekers' opinions of an employer, and finds that they do. In addition, the study uncovers how positive versus negative employee reviews can impact the quantity of job applicants