Facebook may be the new jobs portal on the block

While Facebook has always been the destination for one looking to maintain and widen their digital social circle, the site is working towards becoming the new jobs portal on the block, cite reports. The 800 million-strong social network is reportedly planning its own job board and it will be joining hands with companies like BranchOut, JobVite and Work4Labs for this project. At the moment, however, it is unclear if the job posts will appear in users' news feed.

 

Reportedly, Facebook joined forces with the U.S Department of Labor and three employment-related agencies last October in a bid to reduce the country's unemployment rate (9.1 percent) with the use of social media - and it was then that Facebook for the first time hinted at its plans for becoming a source for job hunters. "As part of the initiative, Facebook launched a “Social Jobs” portal that makes educational content and tools from its partners at the Department of Labor, National Association of Colleges and Employers, Direct Employers Association, and the National Association of State Workforce Agencies, easily accessible. It plans to promote this page in the 10 states with the highest unemployment rates and Puerto Rico," reports state.