I find it helps attract a lot of headhunters. I've had 2 companies call interested in an interview, and about 5 headhunters who wanted to add me to their list in case I was looking for a job in the future.
So I think if you're unemployed, it's worth taking a shot. It's a lot cleaner than FB in that you actually post only work relevant information. No updates about what you're having for lunch or if you're going for a walk.
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