Employment Spot

America’s Job Bank

The recent closure of America’s Job Bank has prompted some confusion and question about job banks and job search services in general. Job banks are tools used by job seekers to find employment listings online. The convenience of the online search allows job seekers to spend less time rummaging through want ads and more time updating resumes or tailoring their cover letters to specific employers. Job banks have become very popular in recent years as technology becomes an increasingly valuable tool to employers and employees alike. In fact, almost three in four employees are now hired via an online job bank and this number is only expected to increase. Employers have dedicated more resources in recent years to online recruiting and posting open positions in job banks, which can be accessed via newspapers like ChicagoTribune or through Internet sites like Employmentspot.com.

The Labor Department recently released a notice titled “The Phase Out of America’s Job Bank” that explained the job search site would soon be discontinued. Essentially, there were four reasons for the end to America’s Job Bank. Fortunately for America’s many job seekers, employment search sites like Government.Jobs.Net provide the same services and offer more employment opportunities.

1. The advent of the job search industry and sites like Jobs.net Government Jobs and EmploymentSpot.com have rendered America’s Job Bank obsolete.

2. The expense of maintaining America’s Job Bank was costing taxpayers almost $30 million per year. The site cost $12 million per year alone in maintenance costs, said the Labor Department.

3. America’s Job Bank was difficult to use, both for employers and job seekers.

4. The job search industry’s evolving technology quickly made America’s Job Bank outdated.

Job seekers who looked to America’s Job Bank for government employment and opportunities in the public sector need fear not, as other sites provide the same services. Contrary to some myths, sites like Government.Jobs.net are convenient and offer job seekers the services of America’s Job Bank for the same price: nothing.

Job seekers across the country should acknowledge the ground-breaking America’s Job Bank for spawning the $2 billion job search industry. Job seekers continue to have plenty of options as they search for employment opportunities and should consult job banks in the private sector for job postings and open positions in their region.

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