"With 55 job applications submitted every second, 3 people are hired through LinkedIn every minute."

Currently, approximately 6.5% of the world is unemployed¹. In 2020, 165 million people did not have enough paid work, and 120 million gave up actively hunting for a job or lacked access to the labor market². High jobless rates cause social and economic ills such as working poverty which affects one in five of the global working population or 630 million². The global recruitment market growing at a CAGR of 8.9% bridges the gap between recruiters struggling to find talent and job seekers struggling to find employment⁴. Finding a job leads to higher revenues, financial independence, and better living conditions.

Linkedin, a subsidiary of Microsoft, is the world’s largest professional network with more than 740 million members in 200 countries and 55+ million registered companies⁵. As of 2020, recruiters who struggled to find talent listed 14 million jobs on the platform⁸. With 55 job applications submitted every second, 122 million people have received an interview through LinkedIn since its inception⁹,⁵. LinkedIn ensures three people are hired every minute, representing 1.6 million (3*60*24*365) recruitments per year⁵.

Since 85% of jobs are filled via networking of some sort, Linkedin is leveraging people’s networking abilities to provide economic opportunities to those who have no inherited networks or connections⁶. 50% of US college graduates are LinkedIn users who can reach out to 87% of recruiters who regularly use this platform⁵. Last year, LinkedIn provided 400,000+ members mentoring opportunities to ensure that people with equal talent have equal access to opportunity⁷.

LinkedIn has revolutionized the recruitment industry by allowing all members of the global workforce to be connected with recruiters. LinkedIn is driving more equitable outcomes, reducing inherited social inequality, closing the network gap, and leveling the playfield for people lacking the right connections³. It has also made it easy for companies to vet candidates and hire talent.

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