Industry Structure
The success of jobs search engines in bridging the gap between jobseekers and employers has spawned thousands of job sites, many of which list job opportunities in a specific sector, such as education, health care, hospital management, academics and even in the non-governmental sector. These sites range from broad all-purpose job boards such as Monster, to niche sites that serve various audiences, geographies, and industries such as exec-appointments. Many industry experts are encouraging jobseekers to concentrate on industry specific sector sites. With the increase in popularity of niche sites, other sites have begun to rank them in order of quality.
Venture capital, mergers and acquisitions have been active in the job board industry for more than a decade. In 2008, several private equity firms started the process of piecing together large job board networks while other firms attempted to expand through acquisition.
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