LinkedIn Corporation

10/28/2020 | News release | Distributed by Public on 10/28/2020 22:14

How LinkedIn is Helping Millions of People Get Back to Work

The economic toll of the COVID-19 pandemic has left more than 140 million people out of work and another 1.6 billion at risk of income loss -- with low-income workers, women and underrepresented communities the hardest hit.

LinkedIn is in a unique position to help. With 14+ million open jobs and a professional community of more than 722+ million people worldwide, we have the tools and resources to help many of those derailed by the pandemic reclaim their careers. We're seeing people come to LinkedIn in record numbers to search for jobs, nearly 40 million each week, and despite a challenging job market, three people are getting hired on LinkedIn every minute.

During this unemployment crisis, it's also time to change the stigma associated with unemployment. Contrary to what people think, we know from talking to hiring managers that almost all of them (96%) would hire someone who had been laid off due to the COVID-19 pandemic.

For anyone searching for a job, the hardest part is knowing what to do next. That's where we want to help -- providing job seekers with insights to identify the right career path, learning opportunities to get the skills they need, and a community to connect them to opportunities.

Discovering new career paths -- and how to get there

Sometimes there isn't a clear path forward. Our new Career Explorer tool can uncover careers you could transition into and might not have considered by mapping the skills you have to thousands of job titles. Explorer will highlight additional skills you may need and LinkedIn Learning courses to help you get them. Also, we'll highlight connections who already have this job or can make an introduction.

For example, a food server in the U.S. has a 71% skills similarity to customer service specialist, one of the in-demand jobs we identified with Microsoft as part of our broader reskilling commitment, making it a possible career transition based on skills. Our data also shows that 26 million members globally could have all the skills they need to qualify for one of the most in-demand jobs, customer service specialist, by learning just two more skills.

We're rolling out the beta of our Career Explorer tool globally in English starting today, with additional localizations and enhancements in the coming months. To see what career you could transition into, get started here.