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LinkedIn's platform is very advanced and is being used consistently by employers around the world. LinkedIn has over 35 million users globally - and executives of all Fortune 500 companies are on the platform. Apart from a job search engine, LinkedIn has a number of useful tools for the jobseeker.
LinkedIn recommendations can be invaluable - if you have recently lost your job or have struggled for a while to return to employment, something concrete that shows you were valued whilst in work can put you in a positive light.
Consider finding out where people originally came from - for example, Microsoft's latest hires came from the game industry and media incorporations. Check out the company and see if they're hiring. Even if there are no current vacancies, by researching what skills a company is potentially seeking in new employees, you may be able to plan and have an advantage in the next recruitment scenario.
If you want additional job security, consider building your network before disaster strikes. The more people that know of you, the more likely you have connections that can be used in helping gain a new job.