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Acorns launches job searching tool, but is that what job hunters need?

(TECH NEWS) When it comes to job searching, many people are able to find jobs online, it’s getting the interview where people need help.

Woman doing a job search on laptop in the hot job market.

If you are currently job searching, you are likely going to sites like Indeed (250M unique visitors monthly) and LinkedIn (260M users monthly). You may also be checking out ZipRecruiter because they’ve advertised on every single podcast you’ve ever listened to. Just for fun, you might also be looking at jobs on Craigslist for your local area. This could have excited you or depressed you.

If you want an easy way to aggregate several job search sites, you may like the app Huntr that will pull in job postings (after you put in some preferences) from Glassdoor, Google, LinkedIn, ZipRecruiter, GitHub, the muse, Dice, Monster, Indeed, Angel.co, Dribbble, etc. so you have them all within one place.

Acorns has joined in on the job postings board by implementing a Job Finder within their app, in an effort to help people find work which makes sense if they want more people to save through their platform. “Acorns is an American financial technology and financial services company based in Irvine, California that specializes in micro-investing and robo-investing. As of 2019, Acorns had over 4.5 million users and over $1.2 billion in assets under management.”

The article from The Press that describes it tells consumers about adding in a Job Finder to help millions of people find jobs. But really, it’s great as a positive public relations initiative (and likely will drive more visits to ZipRecruiter postings) since it’s within their app. The gesture is nice but will it really help?

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“Within a few taps, Acorns customers at every tier can find millions of full-time, part-time, and remote job opportunities, set job alerts, and explore custom career development content to support their financial wellness at no additional cost. By introducing Job Finder to its financial wellness system, Acorns is looking after the financial best interests of the up-and-coming and removing a main barrier to its customers achieving their money goals.”

Most people know where to find job postings. What they don’t know is why they aren’t hearing back from their applications or how to be invited for more interviews. It would be great if companies really wanted to help make an impact on unemployment by:

  • Offering career coaching services or references to candidates that do not fit what the hiring manager or HR person is looking for.
  • Giving people access to what key skills they need on their resume within the job posting (less vague and generic descriptions).
  • Within the automated rejection letters, including a referral or resources that will help them break through the clutter or introduce them to current employees or how to get to know the company better – in case there’s a position that is a better fit.
  • Ensuring that all job postings are for real jobs and real openings – it should be made clear to candidates if the job posting is for pipelining talent and/or not going to be offered to an external candidate.
  • Bringing back some humans in to the automated process. Yes, ATS (Applicant Tracking Systems) are great for the employers and companies who are fielding hundreds of applicants. They are terrible for the 40 million currently unemployed. More about ATS here from Jobscan if you are curious. They are built to knock out candidates.
  • Considering hosting webinars, educational speakers, or events where candidates can get in front of you versus solely relying on online submissions.
  • Contemplating implementing an apprentice program so that less experienced applicants may gain knowledge and learn from more experienced workers – but you would also be getting fresh ideas and new talent for growth within your organization.

There are many caring people and organizations out there so it would be great to see some more assistance for job seekers versus just more places listing job postings or the same job boards but in different formats.

There also seems to be a mismatch in looking to hire someone based on what they have done in the past – when really, the best qualified candidate may have a different background and be looking to make a switch to continue to grow and learn. The perfect match of key words in a database to a resume are not always the best way to find the right fit.

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Erin Wike is a Career Coach & Lecturer at The University of Texas at Austin and owner of Cafe Con Resume. Erin is fueled by dark roast coffee with cream AND sugar, her loving husband, daughter, and two rescue dogs. She is the Co-Founder of Small Business Friends ATX to help fellow entrepreneurs + hosts events for people to live a Life of Yes with Mac & Cheese Productions.

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