MAYNARD, Mass. & WASHINGTON -Monster(R), online careers site and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST) and AARP, a nonprofit, nonpartisan membership organization that provides support services for people ages 50 and over, today announced a strategic online recruiting alliance. Under the agreement, Monster will serve as the exclusive online job search provider for AARP and will help connect mature job seekers with jobs in their local region, as well as provide career resources specific to them.
According to the Bureau of Labor Statistics, the number of workers ages 50 and over is projected to increase by 34% from 2003 to 2012, a net increase of 12.5 million workers. During the same time period, the number of workers ages 16 - 49 will increase by only 3%, a net increase of only 2.7 million workers. Monster and AARP realize the importance and resulting impact of this workforce shift and will work together to help employers navigate the looming labor shortage.
The jointly developed recruitment solution will include a variety of collaborative efforts, including a dedicated 50 Worker Career Channel and monthly e-newsletters to employers and 50 job seekers. Monster will be featured on the AARP.org/Careers Website. The AARP website will provide a link to the Monster website, which will offer an online job search function and opportunities to post resumes. Through the development of shared content, visitors of the AARP and Monster homepages will be able to research pertinent career information and search through thousands of job opportunities.
Monsterís employer relationships and career expertise combined with AARPís knowledge of the 50 population will be instrumental in addressing the employment needs of mature workers, said Steve Pogorzelski, President of Monster, North America. In 2012, workers between the ages of 25 and 54 years will constitute just 66 percent of the labor force, according to the Bureau of Labor Statistics. The older workforce will be pivotal to the health and success of American businesses and how they respond to the impending skills shortage.
Our new relationship with Monster will not only help AARP members who want to continue working or who are trying to get back into the job market, it will also help employers better understand and appreciate the value of older workers, said Bill Novelli, CEO of AARP. By linking with the leading online careers service, we are providing our members with access to employment opportunities from the largest multi-national corporation to the smallest mom-and-pop store anywhere in the country. Our goal is to be a catalyst for change in advocating for mature workers. Linking with Monster takes us to a whole new level in achieving that goal.
Monster and AARP Announce Alliance
To Help 50 Workers Find Jobs; Collaboration Will Provide Comprehensive Career Channel for Workers Ages 50 and Over
