ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Ghost Jobs Are Now More Prevalent Than Ever, Here's How To Spot Them

The pandemic era job market struggles catapulted the phenomenon, and it has reached new heights
PUBLISHED MAR 27, 2024
Cover Image Source: Unsplash | Photo by Florian Schmetz
Cover Image Source: Unsplash | Photo by Florian Schmetz

The rising trend of ghost jobs has gained significant attention on social media with more and more users reporting it. Ghost jobs are ‘open jobs’ that seem to be available eternally as they never get filled. These can be from companies that don’t exist or from companies that don’t intend to hire at all. The pandemic era job market struggles catapulted the phenomenon, and it has reached new heights in the recent past. This has only exacerbated the situation of job seekers who are already under pressure to navigate the tough job market



 

Ghost jobs are listing posted on job aggregating portals that seem to never get filed. The companies that post ghost jobs have little or no intention to fill them and the applicants most often don’t hear back from them at all. Some of these postings may stay listed even after someone was already hired for that position. These listings create a false sense of hope for job seekers, inflate the true number of jobs in the market and stretches the job search process.



 

Ghost job listings were a nascent phenomenon before the pandemic. However, the rise of people quitting during the pandemic called the Great Resignation and its economic uncertainty increased the number of ghost jobs, according to a Harvard Business School study.

According to a survey by Clarify Capital, about 68% of managers had open job postings listed for more than 30 days, and one in five managers who posted these openings had no plans to fill them in the near future. Furthermore, most recently, CNBC found that a basic search on LinkedIn showed about 1.8 million jobs had been posted for over a month ago.



 

Ghost Jobs exist for a number of reasons ranging from deception to a lack of hireable talent. Former hiring manager and founder of MandiMoney Makers, Woodruff-Santos shared an example with CNBC where a media company might post an opening for a “senior editor” and an “associate editor” for one available job just to broaden the talent pool drawn to the roles.

This was supported by a recent ZipRecruiter survey that showed 57% of employers lacked qualified candidates, while 41% failed to fill a vacancy within six months.

Furthermore, employers may leave job posts active for longer to give the perception their company is growing. Angela Champ, an HR executive, told GoBanking Rates that some companies may post ghost job listings as they may be receiving government or other funding for creating jobs.



 

Another self-serving reason for a company to post a ghost job might be to just gauge the labor market and analyse what kind of candidates may be available for them, Champ said. Finally, the ghost listing may be related to a scam that is trying to take advantage of job seekers who are desperate to work.

As a standard practice, job seekers should crosscheck if an attractive job listing on an aggregator is posted simultaneously on their dedicated job portal, website or social media as well.

Job seekers should also look at how long the job listing has been active for. If an opening has been active for over 30 days or 60 days, it may be a ghost listing. However, sometimes it may make sense to apply for an old listing for some positions that require specific or highly skilled applicants.

Furthermore, job seekers should steer clear of payment requests from recruiters or representative of a job listing. This may be a part of a scam that tricks job seekers into sharing critical information as well. Also, job seekers should avoid applying for job listings that do not reveal the company name. Listings where the company name is kept confidential could be a sign of a ghost job.

MORE ON MARKET REALIST
Steve Harey forced the contestants hiding to come out and address the situation.
1 hour ago
Rick Harrison were creeped out by the handcuffs but still wanted to buy them.
2 hours ago
Cuban was interested in the tech side of the company but was annoyed when his doubts got no answers.
3 hours ago
She had already won more than $21,000 and a trip to Portugal before heading to the round.
23 hours ago
The contestant even apologized to Steve Harvey after her answer was called out.
1 day ago
The host urged fans not to laugh at the answer, as it might come back to bite them in the future.
1 day ago
The seller lacked any solid proof and as a result, nobody on the show wanted to offer him a deal.
1 day ago
The contestant wished that bars gave free alcohol to those already drunk out of their minds.
1 day ago
It would have been easy for Amy Schneider to respond harshly to the accusations, but she remained cool and collected.
2 days ago
The host was left shocked after hearing the answer as he mouthed "wow" a couple of times.
2 days ago
The contestant went on to win $20,000 for her family despite the awkward moment.
3 days ago
The entrepreneurs might have hoped that a third of their company would attract a shark, but it didn't.
3 days ago
She was just happy to be on the show and was not disappointed about leaving empty-handed.
3 days ago
Things got heated as all of the sharks took shots at each other for a chance to cut a deal.
3 days ago
The entrepreneur was selling a DVD set about men's grooming, which was priced at a whopping $297.
4 days ago
Some might have expected the host to be a bit upset but he was entertained.
4 days ago
The entrepreneurs had initially asked for $50,000 for a 50% stake in the company.
4 days ago
She had uploaded photos and videos from a taping on her Instagram stories.
4 days ago
The former contestant was a star on the show in 2017, winning $413,000 over 13 games.
4 days ago
The contestant took her own sweet time to come to the podium and Steve Harvey wasn't having it.
4 days ago