Here’s a look at some job board headlines happening around the world. A.I is making its way into job marketplaces.
‘What are my chances of getting the job that I want?’ This is one of those questions that the new AI-based app isthisjob4me, developed by the consulting firm Setesca, will help answer. The app, now available in Europe, Latin America and the United States, makes it possible to check a candidate’s chances of finding a job, thanks to AI technology.
Thanks to the app, the user can easily work out a percentage score of landing a specific job offer. The information is extracted through the CV and through a questionnaire designed by AI. The score given by the app helps the candidate understand how well matched they are for a specific job in general terms.
As well as providing a suitability score for the candidate with regards to a particular job, the app then analyses and indicates areas where the candidate can improve their CV in relation to the job offer. According to Setesca´s CEO, Jordi Damià, “The app shows which skills a candidate needs to improve in order to achieve his or her objective. In short, the tool provides the keys to achieve a competitive profile.”
The app allows users to upload a general CV and then design specific CVs depending on the job offer.
Swedish Job Board News
Jobmatch Sweden aims to expand its operations internationally. For the Danish market, a partnership has now been established with the recruitment company Moving Talent, which has the exclusive right to offer the Jobmatch Talent test system in Denmark.
Through the collaboration with Jobmatch Sweden, Moving Talent can now use the occupational psychology and DNV-certified personality test Jobmatch Talent in connection with recruitment for customers.
“Our customers have high demands, Jobmatch Talent adds both weight and validity to our offer. Now we can offer customers something completely new, which gives us additional competitiveness and opportunities to grow,” says Kenneth Oldenburg, CEO of Moving Talent.
The Danish recruitment market is very similar to the Swedish one and is growing steadily. Jobmatch and Moving Talent share the goal of growing into more markets.
“Jobmatch Talent is incredibly appreciated by our users and the result of hard work and research over several years. Both Moving Talent and Jobmatch Talent have the same driving forces, which makes this a good match. Together we have good conditions for increasing our market share in Europe,” says Klaus Olsen, CEO of Jobmatch Sweden.
Moving Talent is aimed at companies looking for specific, often niche skills, such as specialists, managers and academics. The company is present throughout the Nordic region and works mainly with technology and fast-growing companies and is the market leader in Denmark within recruitment and staffing of international congresses and events.
With the partnership with Moving Talent, Jobmatch is now present in Sweden, Finland, Denmark and Norway.
Job Board Owner Acquired
Mitratech, a leading global provider of legal, compliance, and HR software, announced the acquisition of two technology companies: Circa, a market-leading Office of Federal Contract Compliance Programs (OFCCP) and Diversity Equity and Inclusion (DEI) software provider; and Trakstar, a best-in-class talent acquisition, development, and performance management solution.
Circa is the owner of several job boards including Americas Job Exchange which they purchased a few year ago to broaden their DEI recruiting products.
On Demand Marketplace Adds AI Screening
Blockchain-powered recruitment platform LaborX has announced a partnership with the SingularityNET AI solutions developer to automate job search and hiring processes.
LaborX, which is a product of Australian company Chrono.tech, will use SingularityNET’s AI solutions to analyze job candidate profiles in a faster and more comprehensive manner, streamlining the screening, selection, and hiring process. Current statistics indicate that each posted vacancy can attract from 1,000 to 2,000 candidates, making selection both time-consuming and inefficient. The application of AI is expected to improve candidate matching and significantly increase selection efficiency.
The LaborX platform was designed by Australian company Chrono.tech to improve job search experiences by giving users access to safe and efficient tools, including digital contracts and escrow services. An embedded decentralized infrastructure provides a rating system that prioritizes searches and reduces associated fees to just 10% for freelancers and 0% for employers — a far cry from the 20% to 30% charged by traditional recruiting platforms. LaborX also provides dispute resolution and flexible payment systems, which include different currencies and digital assets across multiple blockchains. LaborX has already attracted over 120,000 talents and about 5,000 employers on the platform.
Job ads in Australia have fallen by 19.1% year-over-year in April 2023, according to job board operator Seek. On a monthly basis, job ads also fell by 1.4%.
The latest data also shows that applications per job ad increased over the month by 7.7% in April.