I'm sure many heard the news today of the long-rumored
sale of Yahoo's HotJobs property to Monster. My first impression of the story was to imagine two stranded travelers stuck in the wild who turn to cannibalism. I've never been a fan of the job board model. If social networks haven't yet killed them off, they have certainly turned them into a back alley resource.
Why? Mainly because job boards are a holdover from the days of classified ads in newspapers. The really cool thing about job boards in 1999 was that, hey, you can write as much copy to describe your job as possible! Neat, huh? Unfortunately, that has led to job description bloat, creep, and rot.
When social networks arrived on the scene, they supplied the one element most important to anyone who really wants to join an organization--the opportunity to connect. Why would I want to submit a copy of my resume into a faceless portal when I can actually learn the names and a little background about the people I might find myself working with?
Okay, I'll admit that Monster still has LinkedIn beat when it comes to unique monthly visitors:

However, with this downturn, you didn't see anybody clamoring to be more skilled at using job boards. It was all about LinkedIn, Twitter, and Facebook and learning how to promote your personal brand.
I suspect that it is with a certain degree of arrogance that Monster can look at the unique monthly visitor statistics and see long term stability in what they offer. However, while it may not be LinkedIn that topples the dominance of the job boards decisively, it will very likely be a social networking application that does the deed.

What do you think?