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
"Bruh, this guy solved all the most random puzzles on the other rounds no one would ever think of, but failed to do the easy bonus round," a fan reacted.
2 hours ago
A report from UCLA's Karissa Tang says entry level jobs of teens are first in line to be eliminated
1 day ago
Representatives of the SSA have strongly denied these claims with aggressive remarks.
1 day ago
The retailer might offer cheap prices but products need to be of decent quality as well.
1 day ago
More than 8.3 million workers will be paid more starting January 1, 2026, thanks to the rise in minimum wage.
1 day ago
The bacteria can prove harmful not just to the animals but to humans as well.
1 day ago
Millions of Americans have turned to the retailer who seems to offer the most affordable prices.
1 day ago
This will be a huge boost for the residents of the states, who have been craving for some relief.
1 day ago
"Contestants need to stop choosing CDM as their consonants. Think outside the box," a fan reacted.
1 day ago
This will not be good news for the Republicans ahead of the Midterm elections.
2 days ago
The situation might help Donald Trump who is hoping to reduce trade deficit.
2 days ago
America has a shortage of skilled labor and Walmart is taking things into its own hands.
2 days ago
Goldman Sachs has projected a 2.6% GDP growth rate for 2026, higher than the 2% consensus.
2 days ago
Notably, the first half of the year saw 17 significant bankruptcies involving businesses with assets worth more than $1 billion.
2 days ago
CEO Sam Altman admitted the role will be tough, but it will help mitigate the dangers of AI.
2 days ago
"Don't beat yourself up, Jeff. That one stumped pretty much everybody watching tonight, including yours truly," a fan reacted.
2 days ago
In an interview on Fox News' The Big Picture, The Shark Tank star expressed optimism for the economy.
3 days ago
New members will be given a gift card, which can be used for online and in-store purchases.
3 days ago
The IRS Chief, Frank Bisignano, predicted that the largest tax refunds would be due to the OBBBA cuts.
3 days ago
After a certain age, every account holder needs to withdraw a certain amount per year, which is taxed.
3 days ago