The rate of sign-ups for the business-oriented social network LinkedIn has increased 25 percent since September, reports the Guardian.
"Economic issues and uncertainty has highlighted the importance on networking and information exchange," said Kevin Ayres, the European managing director of LinkedIn.
The previous rate of 1 million new users every 20 days this spring and summer has shot up to 1 million every 2 weeks, he said.
Over the past two months, there has also been a 15 percent increase in invitations sent to join the site and a 14 percent increase in recommendations of other members.
Ayres added that despite the poor economy, LinkedIn is on target to hit its full-year revenue forecast of between $75m and $100m.
LinkedIn benefits from job jitters [Guardian]
Photo: Flickr/mariosundar
See Also:
