Thank you very much.
Good afternoon, everyone. Thank you very much for the opportunity to speak with you today. I'll keep my opening remarks brief. I imagine there are varying levels of knowledge about LinkedIn here today, so I'll start with an overview.
LinkedIn is the world's largest professional social network with over 610 million members worldwide. Members use LinkedIn for a variety of reasons, but three core reasons are to get the right job, build meaningful relationships and stay well-informed. This means LinkedIn members want to know about the available jobs that fit their background and interests; stay in touch and make new connections with people professionally; and keep up to date on what is happening within their industry and profession through news, content and their network of connections. An individual's LinkedIn profile is often considered to be their professional profile of record.
Specifically in Canada, there are over 15 million members on our platform. For context, there are approximately 18 million individuals employed in the Canadian workforce. On LinkedIn in Canada, there are also 800,000 companies and 25,000 educational institutions represented, over 400,000 jobs posted currently and 50,000 skills within our skills ontology. The aggregate of this information in Canada and globally is what we refer to as the “economic graph”, or what we view as a digital representation of the economy.
As a company our vision is to create economic opportunity for every member of the global workforce. From a day-to-day perspective, this is operationalized by devoting much of our organizational efforts toward bringing together people, skills and jobs in various ways.
In Canada, beyond being the largest professional network, LinkedIn is also the largest job board and the largest skills-focused online learning platform, with over 13,000 courses comprising hundreds of thousands of videos, ranging from how to prepare for a job interview through to Google-endorsed Android developer certification courses.
Another way we strive to create economic opportunity for every member of the global workforce is through our economic graph projects. These are pro bono partnerships wherein LinkedIn partners with government and related organizations, typically for the purpose of labour market analysis. Globally we have worked with the World Bank and the World Economic Forum, among many others. Within Canada we have partnered with the City of Toronto, the Ontario Ministry of International Trade and, most recently, the LMIC or Labour Market Information Council on an analysis of skills that are most in demand in Canada.
Most related to today's context, LinkedIn is one of of the largest, if not the largest, recruitment services company in the world. Our Talent Solutions products are the largest area of LinkedIn's business. In that capacity, we work with organizations to support their ability to attract and retain the talent they need for their organization to be successful.
Understanding that the federal public service must often operate on a scale unique to itself within Canada, from a LinkedIn perspective we are very accustomed to supporting large organizations, as referenced by the fact that 100% of the Fortune 100 companies and over 95% of the Fortune 500 companies are LinkedIn Talent Solutions clients.
Based on review of previous testimony at this committee and discussions across the federal public service, I understand that some of the challenges and aspirations of the public service's hiring process include the length of the hiring process, the intense competition for talent, the need to attract millennials and youth, the desire to modernize and move beyond traditional approaches, the need to communicate external job opportunities more effectively to attract diverse talent pools and passive candidates, the use of technology to match candidates and jobs, and better labour market information for HR and hiring managers.
During the questions, I would be pleased to address how LinkedIn can assist the Government of Canada in addressing these issues.
Thank you.