hotjobs.jpgHere’s our Mercury News story (or here) about how Yahoo’s online job division, HotJobs, plans to announce that it has taken the bold but controversial step of finding more job listings for its users by scraping them off the Web sites of employers.

The move has been blogged about in recent days, but the company launched it officially today with a press release. We talked with HotJobs General Manager Dan Finnigan.

The move is significant because it is the first time one of the big three leading job sites — HotJobs, Monster and CareerBuilder — has incorporated free listings into its database. Until now, the three have required payment from employers, and that’s what keeps them in business.

“This is clearly a stake in the ground,” said James Holincheck, analyst with Gartner Research. “I think there will be cannibalization. The question is how much and how fast.”

Forrester analyst Charlene Li tells us HotJobs is generally considered in third place, behind Monster and CareerBuilder. She looks at overall user traffic, because Yahoo doesn’t break out HotJobs’ revenue and profit numbers.

This latest move, Finnigan tells us, will allow Yahoo to put a new “jobs” tab on its Yahoo search page. We’ll see it starting tomorrow (Wednesday)

Other links:

Greg Sterling
Joel Cheesman
Charlene Li (Forrester) shows some examples of HotJobs’ new listings, and covers the recent action in this area, including Jobster’s acquisition of WorkZoo.
Jeremy Zawodny (Yahoo)
Gary Price (SEW)
Gary Price (SEW) continued, mentioning Monster and its similar scraping technology, FlipDog. In fact, we had known about this, but couldn’t fit it into the story. Reason we didn’t look at it closely is because it apparently was always run as a separate site, and doesn’t seem live anymore.

And while we’re talking about Yahoo, here’s news that Steve Rubel broke a few days ago, about how Yahoo has prepared an RSS search tool.

Updated: Corrected typo. Thanks Joel. Added more links.