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Facebook inching towards job recruiting

Soon the popular social networking site Facebook will become a recruiter, as per knowledgeable sources, by launching its own job board after teaming with existing job-posting companies, the sources said.

Citing anonymous sources, media reports said that BranchOut, Jobvite and Work4Labs will be at least three of the companies that will pair with the platform.

With the rise of LinkedIn -- and its aggressive moves into social-networking functionality -- having Facebook enter the fray is an obvious play for them.

Whether or not the job posts will display in the news feed is unclear.

Many bigger companies have career recruitment presences on Facebook already, but a centralised engine behind job postings and searches would feed the engagement metrics.

According to recent estimates, the job-posting market is worth about $4.3 billion and everyone would like to have a piece of it.

Last October, the social networking site initiated its move towards becoming a source for job hunters by teaming up with the US Department of Labor and three employment-related agencies in an attempt to decrease the country's 9.1 per cent unemployment rate using social media -- a project that may eventually include a Facebook job posting system.

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