The online job advertisements are increasing day by day and the global revenue from online job advertisement has risen by 15% in 2018. According to a report published by Staffing Industry analysts, the global revenue from job advertisements has reached $22 billion. LinkedIn and Recruit are now holding a big share in the market. Last year was great for all online job providers, 45 firms out of 50 achieved revenue growth.
John Nurthen, executive director of global research, further added to the stats, “The market remains challenging and highly competitive, particularly for traditional job boards (still the predominant model). Pricing pressure is a feature of the market as basic job board functionalities have become commoditized and new business models continue to capture market share.”
Growth in online job advertisements is due to economic expansion, and increased mobile & laptop access. There are many online job advertisements that are giving opportunities to job seekers about whether to find an online job or field job. Online business jobs are mostly searched by people to create the life of their dream. People are using their laptops to work from anywhere in the world and they are earning a considerable amount. Click here to know about one such new opportunity and create an online full-time income source.
Online advertisements include revenue from job boards, job aggregators, online classified, social media job sites, community sites, and programmatic jobs. These platforms are providing opportunity, whether to work from a particular location or work from anywhere in the world.