Job Boards

Job boards allow employers to get the most-qualified candidate at the lowest salary.

In 2005 there were 33,000 job boards. In 2006 there were 40,000 job boards. In 2007 we stopped keeping track.

Here are a few six-figure boards to get you started: RiteSite, Netshare, ExecutiveRegistry, CareerJounal, ExecuNet, SixFigureJobs, TheLadders.

1% find a job in 90 days

One of these six-figure job boards for example shows "all" success stories at just over 500 and they boast more than 1 million members. Do the math: that's 1/20th of 1%. CareerBuilder, in a CNN interview, said they help "over 1 million people in the United States find jobs each year" (that's 83,000 per month). They estimate 23 million people were looking for jobs on their site in January. Do the math: that's 1/3rd of 1%. For executives, the odds are much smaller.

The same job is often posted on multiple job boards. A single job posting can easily generate more than 1,000 resumes, including hundreds that are sent automatically. That's 1/10th of 1%.

Scrapers

Job board success odds are going down as more players enter the market. Some job boards "scrape" other job boards for a one-stop shopping approach, and the trend is increasing. Scrapers (aka vertical job-search engines and/or "consolidators") like Indeed and SimplyHired are popping up like mushrooms. 

Online Advertised Job Vacancies Fall Sharply in April

Here's a quote from the Conference Board: "In April 2008 there were 3,649,900 online advertised job vacancies, a 16.4 percent decline from the April 2007 level ... In April, there were 2.4 advertised vacancies posted online for every 100 persons in the labor force, down from a high of 2.9 in April 2007." See the entire article here.