CareerMosaic Expands Pact With Yahoo!

Employment site CareerMosaic is extending its advertising and promotion program with Yahoo, which began in November 1997.

As part of the agreement, CareerMosaic will place banner advertisements throughout the Yahoo network of properties, including Yahoo Classifieds, Yahoo Small Business, and Yahoo Employment, which was launched in October.

In addition, CareerMosaic will promote online job fairs on Yahoo in nine regions around the U.S., plus two national online job fairs beginning in early 1999. Financial terms of the new agreement were not disclosed.

“It is clear that the relationship between CareerMosaic and Yahoo is of tremendous benefit to all users, whether they are job seekers or employers looking for qualified candidates,” said Bernard S. Hodes, president of CareerMosaic. “By continuing the agreement, we are providing even greater exposure for our clients on CareerMosaic, as well as giving users access to valuable employment information and job listings available on the Internet.”

CareerMosaic, which has 80,000 job listings, records more than 3.9 million visitors each month, according to Nielsen/IPRO, the independent Internet site auditor and averages more than 350,000 job searches a day.