Facebook is apparently working on a job postings board that it will launch later this summer, according to a report by the WSJ. “Facebook Jobs” will be an aggregator which pulls in job postings by third party providers and makes them available in one place, and creates a searchable database of jobs for users to browse.

Facebook could also use the tons of social data it has on each user to target relevant jobs across its vast network of users, and it could provide an excellent recruiting solution to corporate clients and placement agencies, which will compete directly with LinkedIn.

Read the rest on forbes.com!