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Sunday, April 28, 2024

Job portal uses AI technology to avert jobs mismatch

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Jobstreet by SEEK redefines the way talent and employers connect following the transformation of its employment platform in the Philippines. The new platform now uses artificial intelligence (AI) technology to offer better job matches, new experiences and deeper insights for both Filipino talent and employers.

“Over the last 20 years, Jobstreet has been helping millions of people in the Philippines improve their working lives, guided by our vision of ‘a job for every Filipino’. In recent years, we’re seeing an increasing disconnect between the availability of jobs and talent due to the rise in skills mismatch and the ever-evolving job market. We are excited to be delivering even better job and talent matching with the transformation of our platform that is powered by SEEK’s innovative AI technology,” said Jobstreet by SEEK (Philippines) managing director Dannah Majarocon.

The platform also provides personalized recommendations by processing data from various sources, including the talent’s resumes, the job ad descriptions, and the employer’s past behaviors.

To make the talent-hunting process more efficient for employers, they can choose to include AI-recommended screening questions for their job posts, as part of the job application process. This way, the most suitable talent can be easily identified based on their responses to the questions.

The AI-powered platform also introduces a new feature – the predictive approachability signal, which is designed to assist in matching talent with potential employers more effectively.

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Besides that, Filipino talent can now decide on their profile visibility on the new platform, signaling to employers that they are open to job opportunities even if they are not actively applying for jobs. This makes it easier for employers to proactively contact talent with opportunities, if applicable.

The new platform will help link talent with the right job opportunities and increase the chances of landing the right job. With SEEK’s over 25 years of APAC-wide data, JobStreet optimize the same data for the Philippines inserting local insights from over two decades of operation in the market.

“At SEEK we are committed to leveraging data and technology to provide the most effective, efficient, and fair recruitment solutions for talent and employers. We have been investing heavily in data and AI for over a decade with strong results, and will continue to do so as we aspire to make our products more effortless, personalised and trusted for our customers,” said SEEK general manager for marketplace and AI products Grant Wright.

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