LinkedIn 5th most popular social networking site

According to the latest figures LinkedIn is enjoying the social media boom with a 137% increase in users over the past year. LinkedIn is now the 5th most used social networking site.

This compares well with the growth of the largest social network, Facebook, which achieved 168% increase over the past year.

LinkedIn now has 15 million users and is a growing business tool, it has a valuable customer base of business minded users which could prove a valuable asset when compared to mass audiences at Facebook and MySpace.

Recruiters are making the most of LinkedIn, it's a great source of candidates however, LinkedIn's customer base of 15 million users is relatively small, compared to Facebook's 108 million.