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The website expanded into nine more U.S. cities in 2000, four in 2001 and 2002, and 14 in 2003. On August 1, 2004, Craigslist began charging $25 to post job openings on the New York and Los Angeles pages. On the same day, a new section called "Gigs" was added, where low-cost and unpaid jobs can be posted for free.
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Employment sites typically charge fees to employers for listings job postings. Often these are flat fees for a specific duration (30 days, 60 days, etc). Other sites may allow employers to post basic listings for free, but charge a fee for more prominent placement of listings in search results.
The site aggregates job listings from thousands of websites, including job boards, staffing firms, associations, and company career pages. It generates revenue by selling premium job posting and resume features to employers and companies hiring. [5]
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In the early 1990s, Jeff Taylor, the owner of human resources company Adion, contracted Net Daemons Associates to develop a facility whereby job seekers could search a job database with a web browser. The site went live in April 1994 as Monsterboard.com. It was populated with job descriptions from the newspaper segment of Adion's business.