Why Nearly Half Of US Online Job Postings Are Fake

Amid complex hiring processes, a shadow is spreading in the American business world. Companies are using fake online job openings to project an image of growth, keep existing employees motivated, and cultivate a pool of possible future candidates with no intention of hiring, according to research.

The practice is commonly known as “ghost posting” and it accounts for 43 percent of online job openings across multiple industries.
A Clarify Capital survey of more than 1,000 hiring managers showed that, beyond fake growth metrics and productivity drivers, one third of professionals claimed they used ghost posts to placate overworked employees.

The phenomenon has caused universal frustration on both the applicant and hiring side. On average, it can take up to eight weeks for a job seeker to receive an offer after submitting an application online, according to job listing site Indeed. The process often includes resume tailoring, lengthy applications, and multiple rounds of interviews. That means applicants are wasting hours trying to get hired by companies that aren’t actually looking.

Consequently, it’s not surprising that 55 percent of Americans say they’re “completely burned out” from job hunting, according to staffing company Insight Global.