I recently posted about LinkedIN’s new site redesign and looks like they’re continuing their roll-out of new features. The popular social networking site for job seekers is expanding it’s horizons and allowing companies to have profile pages. The new site feature went live this morning and has about 160,000 companies taking part in the beta version.

Company profiles, such as Facebook, have their data pulled from Capital IQ (a partner with BusinessWeek), which reveals company location, industry, company size, and several other categories. A section at the bottom right of the page gives information on common job titles, top schools, medium age & tenure, and gender. This data now gives job seekers some power in their career search by publicly (not to mention readily available) displaying company statistics that play a part in their search for the right company and job.

The heart of the profile page shows the number of connections that the company has to LinkedIN users, new hires (shows job seekers how active a company is in hiring), and recent promotions, which shows the frequency (or lack thereof) of growth within the company.

Expanding the network beyond Capital IQ’s data will be vital as many of the companies that users belong to on LinkedIN aren’t large enough to be relevant in Capital IQ’s database. Pulling company data from employee profiles and allowing for top executives to update company information (wiki) would be a great addition as they move forward.

This new feature isn’t all that revolutionary, yet, but I think it will help in LinkedIN’s growth as a dominant career-minded social network. This new feature gives users more data at their fingertips than just a simple job description and company website. We want more than that, we want specifics; this is our future we’re talking about here. Well, seems like LinkedIN is listening and responding.