Thursday, November 15, 2012

Facebook, The billion-user social network is very eager to get Americans back to work.

According to MSNMoney, LinkedIn could be in trouble.

Facebook, with the enthusiastic backing of the Department of Labor, just revealed a new job-board application to help many of the social network's one-billion-plus users get back to work.

The platform -- which partners with Monster.com, BranchOut, and Work4 Labs, among others -- aggregates 1.7 million openings from recruiters, allowing job-hunters to sift through listings by location, industry, and skill, or share job openings through their network.

Facebook insists that it's not entering the recruiting industry, a statement that "appears far-fetched given the capability of the application," says J.J. Colao at Forbes.

And of course, Facebook's expansion could spell bad news for LinkedIn, a site for professionals that, with 187 million users, has apparently faced some growth concerns from investors.

Will Facebook's job board kill LinkedIn?


Read the entire story here: http://money.msn.com/top-stocks/post.aspx?post=48cc8bfb-1c2e-4d91-8a36-34c408645264


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