The President came to California earlier this week to do a little fundraising and hold a jobs town hall meeting.

Neither of those were particularly noteworthy except that the townhaller was hosted by LinkedIn in Silicon Valley, with 80,000 people watching a live feed of the event.

During the hour-long meeting, Obama pitched his jobs bill, and fielded a variety of questions, most dealing with his plans to boost the economy, with others expressing concern about the future of Social Security and Medicare.

From a recruiting view, what was particularly interesting was the significance of the event for LinkedIn. If anyone had any lingering doubt that the business networking site was laser-focused on recruiting, the town hall meeting swept that away.

The White House hand-picked LinkedIn to host the jobs forum, at which the company’s CEO Jeff Weiner moderated. In a post-event interview, Weiner said, “We’re first and foremost very appreciative to the President and to the White House for recognizing the platform as a way to get the word out there.”

The San Francisco Chronicle‘s report on the event quoted a public relations consultant who called it “a coup of enormous value to the company and its brand.”

After Tuesday night’s bit by Jon Stewart on The Daily Show, that value may be just a bit less enormous. I won’t spoil the clip for you, but Ill tell you it’s hysterical, particularly the part about how LinkedIn “helps” people find jobs. Enjoy.