CareerBuilder.com Strengthens Market Position with Record Traffic Levels in January
Strategic Alliances with MSN and America Online Add Unique Visitors to CareerBuilder.com Traffic for January
CHICAGO, February 16, 2004 - CareerBuilder.com announced today that its online traffic increased by 117 percent and total job postings by 33 percent in January 2004 as compared to January 2003. According to comScore Media Metrix's latest report, the CareerBuilder.com Network attracted 16.2 million unique visitors in January 2004 as compared to 7.5 million unique visitors during January 2003. In addition, the company continues to list the most jobs in the top 100 U.S. markets, according to recruitment tracking firm Corzen.
"This is a major milestone for CareerBuilder.com and a testament to the effectiveness of our business strategy," said Matt Ferguson, President and Chief Operating Officer of CareerBuilder.com. "Our brand spread rapidly in the last year as we expanded our distribution network to more than 350 newspaper and association partners, launched a national advertising campaign and entered into key alliances with MSN and America Online. Our efforts to strengthen our market position have paid off in more job opportunities for our users and for CareerBuilder.com."
Comparing December 2002 to December 2003, CareerBuilder.com increased its traffic by 50 percent, according to comScore Media Metrix. A significant portion of the most recent traffic increase is attributed to CareerBuilder.com's new exclusive alliances with America Online and MSN. On December 1, 2003, CareerBuilder.com began powering America Online's Find a Job Channel on AOL, CompuServe and Netscape. CareerBuilder.com launched its alliance with MSN, powering MSN Careers Channel beginning January 1, 2004.
"CareerBuilder.com is not a traditional job board," Ferguson continued. "Our unique business model, competitive offerings and focused sales efforts have significantly increased our user base and market share. The CareerBuilder.com Network has continued to grow its revenues when the industry stayed relatively flat."
The CareerBuilder.com Network increased its revenue year over year by 48 percent in 2003. Revenue for the fourth quarter 2003 alone grew by 71 percent compared with last year.
Owned by Tribune Company, Gannett and Knight Ridder, CareerBuilder.com features jobs from the classifieds sections of more than 130 newspapers. With its newspaper affiliations, CareerBuilder.com powers the career sites for more than 350 partners with over 1,200 Web sites reaching national, international, local, industry and niche audiences. The company features over 9 million resumes and more than 400,000 jobs from over 25,000 of the nation's most sought after employers.
About CareerBuilder.com
CareerBuilder.com is a leading online source for maximizing recruitment dollars and optimizing job searches with superior products, customer service and technology. With a unique combination of national, local and niche audiences, CareerBuilder.com makes it easy for recruiters to reach the most qualified candidates with industry-leading market research data and support. Job seekers can search for the right job from more than 400,000 continuously updated postings, representing more than 25,000 of the top employers in virtually every industry, field and location. Together with Gannett Co., Inc. (NYSE:GCI), Tribune Company (NYSE:TRB), and Knight Ridder, Inc. (NYSE:KRI), CareerBuilder.com includes the Web's top newspaper sites - the most trusted employment sources in recruiting. For more information about CareerBuilder.com products and services, call 888-670-TEAM or visit CareerBuilder.com at http://www.careerbuilder.com.
CareerBuilder Media Contact
For all media inquiries and interview requests, contact:
Jennifer Grasz
(P) 773-527-1164
(E) jennifer.grasz@careerbuilder.com
