Individuals who don't have the resources to research and apply for jobs via the web are at a disadvantage as going online has become an integral part of finding a job
Washington D.C. and Maynard, Mass. (PRWEB) January 25, 2007
One Economy, a multinational nonprofit that brings technology into the homes of low-income families, today announced a strategic relationship with Monster®, the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), to bring career tools to economically disadvantaged families.
The alliance brings the millions of users on One Economy's self-help portal, "The Beehive," (http://www.beehive.org), access to continuously updated job postings. Under the agreement, a new web portal, http://beehive.monster.com, will integrate Monster's core search and match technology with the Beehive's Career Coach.
The inaugural launch event is taking place today, January 25th, from 2:00 to 4:00 p.m. ET at the Atlanta One-Stop Career Center (818 Pollard Boulevard, Atlanta, GA, where representatives from One Economy and Monster will be on hand to explain the new initiative.
The Beehive Career Coach helps people set goals and create an interactive step-by-step plan to make it happen. It links them to information on education, financial aid, and budgeting to help with their financial goals. Narrative stories throughout the site provide inspiration and examples of how to use the techniques in the Career Coach program.
"Monster is an ideal partner," said Rey Ramsey, CEO of One Economy. "The new Beehive/Monster resource will open up many opportunities for low-income individuals who are seeking a job and a better life. Technology, when used for a purpose, can benefit everyone involved."
The integrated tool gives low-income individuals a single online destination where they will be able to use the Beehive to understand "the system," and then match their skills and needs with jobs available on Monster.com. The content is easy-to-read, available in English and Spanish, and directs users to other Beehive tools that can help them improve their lives, including tips for starting a business and free tax filing.
"Individuals who don't have the resources to research and apply for jobs via the web are at a disadvantage as going online has become an integral part of finding a job," said Steve Pemberton, Chief Diversity Officer, Monster. "By working with One Economy, we can help bridge this disparity and assist economically disadvantaged people with finding quality employment opportunities online."
One Economy and Monster will unveil localized versions of the site at community launches in low-income neighborhoods. One Economy nonprofit and government partners around the country will co-host these events featuring online demonstrations and distribution of interactive CDs created by Monster.
To find out about other local announcements visit http://www.one-economy.com
About One Economy Corporation
One Economy Corporation is a multi-national non-profit founded in 2000 that uses technology-based strategies to help low income people improve their lives and join the economic mainstream. One Economy's strategy brings broadband into the home along with online content through their bilingual consumer website the Beehive (http://www.thebeehive.org). Through its Bring IT Home campaign, One Economy has helped bring broadband into the homes of 200,000 low-income people. To date nearly nine million individuals have used the Beehive. One Economy recently launched a campaign to expand these online offerings by creating the Public Internet Channel. For more information, visit http://www.one-economy.com.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST) parent company of Monster®, the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit http://www.monster.com. More information about Monster Worldwide is available at http://www.monsterworldwide.com.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K/A and other filings made with the Securities and Exchange Commission.
One Economy Contact: Cathy Colmenares
Monster.com Contact: Danielle Perry