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Online jobs ads now outpace print

More bad news for the print media industry. Online jobs advertising spending has surpassed that of print for the first time. And it's quite a leap - about $500 million. That's going nowhere but up according to estimates that have online spending being about twice the spending on print ads by 2011. Most of that growth is expected to come from small and local businesses looking for part-time or hourly help, an area that most of the major online sites such as HotJobs and Monster.com have made major moves into recently. Niche sites that focus on specific types of job listings have accounted for much of the growth since they allow for a more social experience in addition to the listings.
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