What happens when you combine Facebook with job search? Zumeo is about to find out.

In past posts, I have speculated Millennials may be fickle about Facebook if they find something better. I am not saying Zumeo is necessarily better, but it fills a need — jobs and internships — that Facebook will never be able to address. Most of the Millennials we talk to would never want a prospective employer to see their Facebook page. Many older Gen Y’s talk about deleting, or planning to delete, their profiles when the time comes to get serious about their careers.

Unlike Linked IN, Zumeo is all about jobs and it is focused on college students and recent graduates. It takes a social networking approach to creating and posting ‘live’ resume that can be updated and shared with recruiters, friends or colleagues or even shared with other social networks like Facebook and MySpace. The process includes a self-assessment that matches your resume to prospective employers. The voice and tone of the site is completely Gen Y, describing the frustrations of traditional job search sites and the advantages of Zumeo (discover your strengths, relevant matches) in simple relevant language and videos. There’s also a nifty video of CEO Jared explaining the concept.

Unlike Facebook, Zumeo comes with a revenue model. The service is free to users, but recruiters are charged $9 per post and $19 per month for unlimited posts. There is also a free test drive. According to Tech Crunch where I first learned about Zumeo, there are only 500 users so far, but the company has $100 million in venture funding. I expect we’ll be hearing more about Zumeo.