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

Man tries to decode why companies are conducting interviews but not hiring

"I don't think there's any real intention of hiring people when you see these postings," said Hublitz.
PUBLISHED JUN 30, 2024
Cover Image Source: Companies are not hiring despite conducting job interviews | @joshhublitz | TikTok
Cover Image Source: Companies are not hiring despite conducting job interviews | @joshhublitz | TikTok

The Job Opening and Labor Market Turnover Survey (JOLTS) conducted by the Bureau of Labor Statistics reported 9.6 million available jobs in September 2023. The number led many people to question why the hiring statistics were so poor despite every company posting so many jobs regularly. This TikTok creator Josh Hublitz (@joshhublitz) took to the popular video-sharing platform and talked about why people are not landing jobs. "Here's a theory as to why companies are running interviews, not hiring anybody, and then reporting the jobs on LinkedIn," he says at the beginning of the video.

Image Source: TikTok | joshhublitz
Image Source: TikTok | joshhublitz

"A good friend of mine brought this to my attention and I think it was spot on, I think a lot of you have seen this, that companies run an entire process, maybe you were a part of it, and then they just repost the job on LinkedIn and it just sits there for months," he says.

"And we all know companies especially tech are laying off like crazy. I think Nike laid off last week. Tesla laid off like 10% of their workforce, so layoffs are real, yet, all these phony hiring processes are also real," he continues. He then talks about how it feels like "companies are trying to give off the illusion that they're hiring like they are running interview process and posting jobs while what they are doing getting accomplished is laying off people. He says that the companies are doing this to "check the market" and keep the pulse on candidates and where their salaries should be.

"But I don't think there's any real intention of hiring people, um when you see these postings, they live on LinkedIn like forever", he added. He then talks about how he thinks now is not the right time to accept a job. "The salary-to-experience ratio is totally out of proportion," he says. "I have seen it with friends who have accepted jobs recently," he adds.

"And for what they received in compensation, relative to what they're qualified for, is almost embarrassing," he says. "I honestly think if you're in limbo, you are laid off, or in between jobs or whatever, now is probably a good time to wait," he adds.

Sunset Patio | TikTok
Sunset Patio Restoration Co| TikTok

"Because you're gonna get a better salary probably after the elections as compared to what's out there right now," he says. "Either way, it's becoming really obvious that companies are playing games and I think more people are catching on." Many took to the comment section to talk about their current situation. "They are selling everyone's information to data collection companies," writes a user.

exiled | TikTok
exiled | TikTok

"I’m exhausted. Over 900 jobs applied for all custom AI exec summaries and cover letters. Only a handful of interviews, then ghosted," writes another.

Many users also came from the same school of thought as the creator's friend. "Thank you for reaffirming my beliefs. I thought I was going crazy. Companies are gaslighting people right now," wrote a user BrainPeach.


@joshhublitz Replying to @userna12345566778889999 ♬ Paris - Else

 

"Companies are resetting the Employer/Employee dynamics. They are trying, and effectively, going back to the 'be grateful for having a job' era. Employees will not have the upper hand going into 2025," writes daggerhart4.

For more such content follow (@joshhublitz) on TikTok.

MORE ON MARKET REALIST
The product had its doubters, but, in the end, the entrepreneurs were able to make a lasting impact.
18 hours ago
Things were not looking too good at one point as most of the sharks had backed out... until the end.
1 day ago
A number of episodes with the icon reprising his role as host will be released this year.
1 day ago
She had only believed that her items were worth a thousand bucks and that was not the case.
1 day ago
The host wasn't expecting such unusual answers to be among the top options.
1 day ago
He was able to get the puzzle right just in the nick of time in order to win a significant amount of cash.
1 day ago
The host seemed pretty confident that the answer was in no way going to be correct.
2 days ago
The history attached to the flag is tragic, and it personally affected the guest.
2 days ago
The product was unique and could help millions of new mothers around the globe.
3 days ago
Viewers believe that the game show sometimes doesn't allow participants to win multiple prizes.
3 days ago
Harvey was clearly annoyed by the answer and refused to buy any explanation.
3 days ago
After his impressive 74 winning streak, Ken Jennings has been hosting the show since 2022 with a $4 million paycheck.
3 days ago
Drew Carey was supposed to look scary, but the host ended up being funny and awkward.
3 days ago
Steve Harvey mocked Snoop Dogg over his choice and went on to roast the rapper more.
3 days ago
It seemed like she was going to lose her chance of winning, but that was not the case after all.
3 days ago
The host is clearly not a fan of hyping up answers that he doesn't personally approve of.
4 days ago
The contestant's appearance was eerily similar to the host's look many years ago.
4 days ago
The East Coast Wrestling Association website has inducted 'Big' Bill Page into the Hall of Fame.
4 days ago
Her composure and confidence in front of all those people were unwavering and commendable.
4 days ago
The duke of Verdura had crafted a masterpiece, a pair of Maltese cross bracelets in enamel for Coco Chanel.
4 days ago