
The “2024 Recruitment Marketplaces Annual Report” has been added to ResearchAndMarkets.com’s offerings. This report delves into the latest trends in the recruitment industry, with a particular focus on the evolving role of AI, the emphasis on early career candidates, skills-based hiring, and the impacts of the recession on job sites.
1. AI in Recruitment:
- Current Status: AI is prominent but hasn’t yet radically improved candidate-job matching.
- Future Potential: AI’s deep dive into recruitment processes and trends.
2. Industry Trends:
- Early Career Focus: Employers are increasingly targeting early career candidates.
- Skills-Based Hiring: A response to the global labor shortage, emphasizing skills over traditional qualifications.
- Economic Impact: How the recession is affecting recruitment marketplaces.
3. Market Highlights:
- Indeed’s Challenges: World’s No. 1 recruitment site stumbles but is making efforts to recover.
- Google’s Job Ads: Google cancels its job ads test before the full rollout.
- Employer Review Sites: Glassdoor and Kununu face issues related to anonymity in reviews.
- CompuTrabajo’s Growth: Becomes the No. 2 recruitment marketplace globally by visits.
- Other Major Players: Examination of LinkedIn, Seek, Schibsted, and others.
4. Comprehensive Listings:
- Top 50 Recruitment Marketplaces: Identification of the largest global recruitment and classified sites.
- Top 25 by Revenue: Leading recruitment marketplaces by revenue.
- Country Leaders: Top recruitment marketplaces and classified companies in 66 countries.
5. Key Topics Covered:
- GenAI’s Role: Predominantly used for basic tasks, with limited evolution over the past year.
- Recession Impact: Recruitment faces challenges but shows resilience.
- Early Career Boom: Generation Z’s increasing presence in the global workforce.
- Skills-Based Hiring: Driven by the shortage of qualified candidates.
6. Company Spotlights:
- Top 25 by Revenue: Few surpass the $1 billion mark.
- Recruit Holdings: Glassdoor’s privacy changes and Indeed’s model adjustments.
- Google: Shuts down job ads despite recent feature upgrades.
- RedArbor: Significant traffic growth for CompuTrabajo.
- Schibsted: Aggregation and ARPA growth strategies.
7. Companies to Watch:
- CMR: Digital transformation and management of sea crews.
- Gyfted: Gamified assessments for remote roles, particularly in programming.
- Kakaku.com: Expansion from Japan to the global market.
8. Additional Lists:
- Top 50 Recruitment Marketplaces and Classified Sites
- Top 15 Freelance Marketplaces
- Top Recruitment Ad Sites/Apps by Country
The “2024 Recruitment Marketplaces Annual Report” provides an in-depth analysis of current trends, key players, and future directions in the recruitment industry. From AI’s evolving role to the focus on early career hiring and skills-based recruitment, this report offers valuable insights for understanding the dynamics shaping the global job market.