Ghost Jobs: A Real Economic Problem That Hurts The Jobless
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A Deep Examination of Ghost Jobs
Let us analyze the causes of the widespread availability of “ghost employment,” the reasons for the media’s skewed portrayal of the economy, and the steps job-seekers should take to improve their prospects.
Between August 31 and September 1, 2022, Clarify Capital polled 1,045 recruiting managers. They questioned bosses about the logic for keeping open positions without aggressively seeking candidates. The solutions?
- 50% reported that the company is always open to new people.
- 43% wanted to keep employees motivated
- 43% to give the impression that the company is growing
- 39% of the jobs were filled
- 37% to maintain an active pool of active applicants in case of turnover
- 35% in case an irresistible candidate applies
- 34% to placate overworked employees
- 27% forgot to delete the job
- 33% no reason in particular
The Wall Street Journal reported on March 20, 2023, that erroneous job postings were another side effect of corporate disorganization. Due to company-wide cutbacks and reorganizations, certain divisions may advertise positions already filled or need more approval from higher-ups.
The environment among the company, its workers, and prospective new hires appears quite poisonous. The high number of people without steady work belies the nation’s low unemployment rate.
What Is The Deal?
Heresy Financial explains that the establishment and household surveys are the two sources of information utilized to determine employment rates.
The current unemployment rate of 3.4% is the lowest it has been since the establishment survey began tracking such data in 1969. To determine this, we must contact businesses and inquire about their workforce sizes.
Establishment survey data is limited because it only considers those with one job. If someone works at McDonald’s during the day and at an Amazon warehouse at night, they are technically filling two positions.
