Online Recruitment Sites in the US - Industry Market Research Report

Online Recruitment Sites in the US - Industry Market Research Report

  • March 2021 •
  • 41 pages •
  • Report ID: 5065189 •
  • Format: PDF
New job: Improving labor markets will likely create new job openings, supporting revenue growth

Abstract

Online Recruitment Sites
The Online Recruitment Sites industry experienced significant growth since the 2000s as the number of services conducted online has grown. The internet has become increasingly prominent in consumers’ everyday lives, which has subsequently driven the use of online recruitment sites by both job candidates and employers. The industry has been further boosted over the five years to 2018 as the job market improved. Over the five years to 2023, the industry is expected to continue growing. Driven by the rapid development and adoption of big data analytics and mobile computing, industry operators are expected to provide a broader range of services that go beyond standard job posting services and resume collection. These services will enable operators to compete more effectively with traditional recruiting companies and in-house hiring departments.

Online recruitment sites primarily charge employers to list job openings, though they may also earn revenue via ad placement on job listings. Operators also design and maintain databases of resumes and candidate profiles for use by employers and other recruitment agencies. Enterprises in this industry are based entirely online; therefore, traditional recruiting agencies and staffing companies are not included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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