Don’t look now, but Indeed is becoming the Google of job search.
Indeed announced today that it has exceeded 100 million unique visitors worldwide. Depending on how you measure progress, this internet job finding company is now bigger than Monster.
Indeed said it is involved in more than half of online job searches in the United States and placed more people in jobs last year than CareerBuilder, LinkedIn and Monster combined. In particular, rapid growth took place in Russia, India, South Africa, Australia and Japan.
Since its inception in 2004, Indeed has operated as an aggregator of job listings, retrieving them across the internet from a variety of sources which is, of course, what the word aggregate means. Indeed culls job leads and descriptions and publishes the information conveniently for job seekers worldwide.
Monster Worldwide has gone in the opposite direction selling or exiting operations in China, Mexico, Brazil and Turkey. Monster has also executed two rounds of layoffs in the last year, and is restructuring to a more targeted company.
Indeed’s site has the same distraction free look as Google’s and it earns revenues in a fashion similar to the internet search engine behemoth.