Facebook rolls out job postings

On Wednesday, Facebook rolled out job posts to 40 more countries.

Businesses will be able to post job openings to a Jobs tab on their Page, Jobs dashboard, Facebook Marketplace, and the News Feed that they can promote with ads. Meanwhile, job seekers can discover openings, auto-fill applications with their Facebook profile information, edit and submit their application, and communicate via Messenger to schedule interviews.

“One in four people in the US have searched for or found a job using Facebook” writes Facebook’s VP of Local Alex Himel. “But 40% of US small businesses report that filling jobs was more difficult than they expected. We think Facebook can play a part in closing this gap.”

“The Job posts rollout could help Facebook steal some of the $1.1 billion in revenue LinkedIn earned for Microsoft in Q4 2017. But the bigger opportunity is developing a similar business where companies pay to promote their job openings and land hires, but for lower-skilled local companies in industries like retail and food service.”

Troy, the owner of Striper Sniper Tackle in North Carolina had trouble finding people with the specific skills he needed until he posted the job on his Facebook Page. He received 27 applications immediately, and hired 10 people” Facebook writes. 

Why it’s hot/warm:

Hot: Serving as a LinkedIn for blue collar jobs – benefiting both employers and those looking for jobs.

Warm: Users will likely be slower to adopt this since they might be reluctant to share their social profiles with employers.

Source: TechCrunch