Special Report: Global Financial Crisis
SAN FRANCISCO, March 9 (Xinhua) -- With the
unemployment rate rising, online job search sites in the United States are
booming in popularity as people desperately look for work, a U.S. newspaper
reported on Monday.
Laid-off or fearing they will be, job-seekers are
scouring the Internet for job openings, driving traffic to job search sites up
51 percent in January from the same month a year ago, the San Francisco
Chronicle reported, citing market research data.
Despite the boom in traffic, many job sites are
taking a financial hit as employers make less paid postings in these days of
hiring freezes and layoffs.
Indeed.com, a major job board, found that postings
for the accounting industry in January fell 53 percent from a year earlier, with
postings for technology industry dropping 43 percent.
The sectors that held up the best were health care
and education, which saw postings down 8 percent and 9 percent respectively.
Downturn in job listings won't reverse course until
employers see the pain tapering off, Gautam Godhwani, chief executive of job
search engine Simply Hired, was quoted as saying.
According to figures released last week by the U.S.
Labor Department, unemployment rate in the country jumped to 8.1 percent in
February, the highest level since late 1983, as employers slashed 651,000 jobs
in the month.
