Curated Intel from the Talent Tech Industry
August 26-May 1, 2024:
• Cutting the work in campaigns: Jobilla raises $6.7M to fuel AI-driven recruitment platform;
• Adding to the DEI portfolio: DirectEmployers acquires Equality Magazine and its’s job boards.
• Pulling back the curtain: Anthropic publishes the ‘system prompts’ that make Claude tick;
• Feeling left out: NY Fed finds job seeking up in July as more people anticipate losing their jobs;
• Taking the bloom off the rose: U.S. BLS revises employment gains down by over 800K jobs.
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Jobilla Raises $6.7M to Fuel AI-Driven Recruitment Platform
Jobilla, a Helsinki-based company specializing in digital recruitment technology, has launched its latest AI-powered tools to streamline and enhance global recruitment efforts. With these innovations, the platform aims to significantly reduce the time and effort involved in setting up and managing recruitment campaigns, enabling companies to attract top talent worldwide with unprecedented ease. The newly introduced tools claim to reduce campaign setup and execution times by at least 50%. By automating labour-intensive operations like ad development, landing page content, email drafts, and candidate screening, the platform enables recruiters to focus on what is most important—identifying and obtaining the top prospects for their organizations. Among these tools’ most notable features is their AI-driven localization capability, which generates native-level material in numerous languages, ensuring that recruitment campaigns resonate highly with target audiences in different regions without requiring manual translations.
DirectEmployers Acquires Equality Magazine’s Job Boards to Amplify Job Visibility & DEI Solution
DirectEmployers Association, the leading provider of OFCCP compliance solutions, today announced the acquisition of EqualityMagazines.com and its network of diversity-focused job boards, including BlackPerspective.com, Hispanic-Today.com, VeteransEnterprise.com, and WIB-I.com. The addition of EqualityMagazines.com and related domains will strengthen DirectEmployers’ already robust network of diversity and veteran sites, driving additional opportunities for job visibility and brand awareness to actively recruiting employers searching for talent. This acquisition demonstrates DirectEmployers’ commitment to inclusive hiring efforts by continuing to expand and improve business processes and tools for its Members. It provides increased value for Members, improves job visibility, and supplements employers' desire to brand themselves as inclusive workplaces.
Anthropic publishes the ‘system prompts’ that make Claude tick
Generative AI models aren’t actually humanlike. They have no intelligence or personality — they’re simply statistical systems predicting the likeliest next words in a sentence. But like interns at a tyrannical workplace, they do follow instructions without complaint — including initial “system prompts” that prime the models with their basic qualities and what they should and shouldn’t do. Every generative AI vendor, from OpenAI to Anthropic, uses system prompts to prevent (or at least try to prevent) models from behaving badly, and to steer the general tone and sentiment of the models’ replies. For instance, a prompt might tell a model it should be polite but never apologetic, or to be honest about the fact that it can’t know everything. But vendors usually keep system prompts close to the chest — presumably for competitive reasons, but also perhaps because knowing the system prompt may suggest ways to circumvent it. The only way to expose GPT-4o‘s system prompt, for example, is through a prompt injection attack. And even then, the system’s output can’t be trusted completely. However, Anthropic, in its continued effort to paint itself as a more ethical, transparent AI vendor, has published the system prompts for its latest models (Claude 3 Opus, Claude 3.5 Sonnet and Claude 3.5 Haiku) in the Claude iOS and Android apps and on the web.
Job seeking jumps in July as more people anticipate losing their jobs
The proportion of people who reported searching for a job during the past four weeks rose to new highs, jumping from 19.4% in July 2023 to 28.4% in July 2024 and marking the highest reading since March 2014, according to an Aug. 19 report from the Federal Reserve Bank of New York’s Center for Microeconomic Data. The share of people who think they’re likely to be unemployed in the next four months also reached a record high from July 2014, while both the expected likelihood of moving to a new employer and the expected likelihood of receiving an offer in the next four months increased also. “Satisfaction with wage compensation as well as with nonwage benefits and promotion opportunities at respondents’ current jobs all deteriorated,” the authors wrote in a statement.
U.S. Employment Gains Revised Down by Over 800K Jobs
Recent U.S. jobs gains weren’t as strong as they initially appeared. Between April 2023 and March 2024, the nation’s employers created 818,000 fewer jobs than the U.S. Bureau of Labor Statistics (BLS) originally reported, according to the BLS’ annual data revision. The BLS issued its largest downgrade since 2009 in its 2024 Preliminary Benchmark Revision, released Aug. 21, which found that job growth was nearly 30% less than the 2.9 million job gains it had originally reported. Instead of adding a robust 242,000 jobs a month on average, the country gained a solid 175,000 jobs a month during a time of historically high interest rates and inflation. “This one is quite a biggie, but the monthly payroll gain remains pretty strong post-revision,” said Julia Pollak, chief economist at ZipRecruiter.
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Get both worldclass content and business-building connections at TAtech Europe & The EMEA Job Board Forum 2024 - TAtech. Register right now for the only conference in the EMEA market that is specifically designed both for job board and talent technology company CEOs, their direct reports and rising stars and to accelerate the bottom-line growth of their enterprises. Why the rush? Because the conference will be held September 17-19, 2024 in Paris at Cercle National des Armées, and it has a limited seating capacity. Whether your company is a niche or general job board, aggregator, talent marketplace, online classifieds business, programmatic platform, chatbot, conversational AI solution, ATS, recruitment marketing solution, CRM platform, interviewing or assessment system or talent technology consultancy, this event will supercharge your sales and your profits. So, register today and accelerate the success your company achieves, today, tomorrow and into the future!