Craigslist, the online classified site that recently saw its earnings dip to its lowest level in more than three years, is up again after posting an all-time high in the US.
The job search website reported a gain of 50,000 jobs for the three months to March 23, up from 51,000 in the previous three months.
That’s down from a gain last year of more than 250,000 and it is only a drop from a fall of 6.2 per cent in the year-ago period.
The company posted its second straight quarterly profit, beating analysts expectations.
The company’s latest quarterly report shows that it has added 4,000 new jobs since its December 2016 annual report.
The news comes as more than 70,000 people have been laid off from the job-seeking site since the end of February.
It is not the first time Craigslist has posted a positive result for its investors.
In the third quarter of last year, the company posted an increase of 2,500 jobs.
More: Craigslist up for more than 24 hours