Fewer job postings are expected in the US during coming months in Recruit Holdings’ HR technology division, which includes Indeed and Glassdoor. Still, the division’s revenue is expected to increase.

“As for the second half of this fiscal year, while we expect the number of job postings in the US to continue to gradually decline as mentioned earlier, on a US dollar basis, we expect US revenue to increase approximately 4.5% year over year through the continued improvement of monetization,” Junichi Arai, senior VP of corporate strategy and investor relations at Recruit, said in a conference call with analysts.

Recruit, which ranks among the largest global staffing firms, announced Q2 earnings today for its fiscal second quarter, which runs from July 1 to Sept. 30.

The company expects US revenue in HR technology to rise 1.4% for the full year.

Looking back at the second quarter, US revenue in the Indeed and Glassdoor segment rose 2.4% year over year on a US dollar basis to $1.26 billion. Revenue per paid job ad rose even as the number of paid job ads fell.

Arai said several tests conducted by Indeed had a positive impact on results. They included:

• An urgent hiring label.
• Candidate targeting, which the company describes as “a product in which the budget is only spent when a candidate who matches employer’s qualifications agreed upon in advance with Indeed applies for a sponsored job post.”
• Matched candidates, which the company describes as “a function that instantly displays suitable candidates for the job based on the job description and job seekers’ Indeed profile, which may include their résumé and preferences. Allows employers to invite relevant job seekers to apply for the job without waiting for the job seeker to apply.”

A full report on Recruit’s second-quarter results, please see the article, “Recruit Q2 revenue climbs 4.9% with gains across all businesses.”