In fact, some people will go so far as to say that LinkedIn is “overfished” for talent and that recruiters are lazy if they use LinkedIn as their primary source of potential candidates. Whenever I hear that kind of sentiment, I simply have to laugh. LinkedIn’s latest stats claim 93M+ U.S. profiles.
To believe that a talent pool the size of LinkedIn’s is “overfished” is like saying the Pacific Ocean is overfished, that you can’t find fish in the Pacific Ocean that others haven’t already caught, and that you would be lazy to fish in the Pacific Ocean. Yeah – there’s just too many fish in the Pacific Ocean…we should go find some other place to fish. Right.
You might be surprised to learn that most people find, review and take action on less than 20% of LinkedIn’s users, but that’s the topic of a separate post I will write in the near future. In the meantime, contemplate my claim.
LinkedIn Represents Over 60% of U.S. Non Farm Employment
Let me share with you an interesting statistic I recently calculated and shared at SourceCon in Atlanta. The U.S. Bureau of Labor and Statistics is showing preliminary figures for total non farm employment in January 2014 at 137,500,000 (I rounded up). Continue reading