"More companies are trying to tap Facebook Inc.'s 750-million-plus user base to find new employees, threatening traditional job boards and competing with LinkedIn Corp., which has dominated the online professional networking arena"
This all depends on who you ask. Some people might think that social networking is ten times more beneficial then job hunting others may think the opposite. In my opinion this generation today is all about social networking. Unfortunately the sane that goes somewhere in the line like this "its not about what you know but who you know" is true and is very common in the work force today. I am a true believer when it comes to social networking, I believe it works and if it wasn't because of the people I know now I wouldn't be employed. As the number of job postings overall has bounced back from the depths of the recession, Monster's core job postings businesses have benefited. Revenue in the second quarter at Monster Worldwide Inc. rose 25% to $270 million from the prior year.
LinkedIn's revenue from company recruiters is also growing rapidly. In the second quarter, the company's hiring solutions segment—which among other things helps recruiters search through their profile database for candidates—grew 170% to $58.6 million from the same quarter a year earlier
"The antibodies kicked in pretty quickly. They thought it was very invasive," he said. The company posts job openings on its Facebook page, but Mr. Vijungco said they have had more success finding employees through LinkedIn.
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