Times might be tough in the economy, but they’re looking up for business social networking site LinkedIn, which has reported a 25% increase in sign ups since September.
People are eager to work on their networking contacts as the job market contracts and many are scrambling for work. During the summer the site had added users at the rate of about a million every 20 days. That’s now risen to a million every two weeks. The company has also reported a 15% increase in the last two months in the issuing of invitations to get people to join business networking circles and a 14% increase in the amount of recommendations made by users endorsing another member of LinkedIn, the Guardian reports.
