LinkedIn is Growing Like Never Before

According to LinkedIn, this quarter alone they have seen growth in both total number of users as well as interactions on their site. In just two months, LinkedIn has grown over 15 million users reaching a staggering 690 million users on their platform to date. As far as site usage is concerned, users have been using LinkedIn 26% more now than they ever have before. The main reason for this is COVID-19. As we all know unemployment is higher than it has ever been and may even reach nearly 20% by the time all of this is over.

This creates a sense of urgency in finding a job that is willing to pay enough to support their family during this time of crisis. With LinkedIn being one of the primary ways to find a job and make connections, their site has seen a surge like never before all because people are desperate right now and in search of anything. Both, LinkedIn and their users are benefiting from this. While LinkedIn’s services are creating job opportunities for many Americans, their profits are also through the roof. This year alone, LinkedIn’s revenue has grown a staggering 21% which is an absurd amount in such a small period of time. All in all, I think LinkedIn is more useful than ever at this time and their services are helping people in need everyday during this time of crisis that we are facing.