Why is it so hard to find a job now? Enter Ghost Jobs

This study delves into the concerning trend of “ghost hiring” in which employers post job openings they have no intention of filling. Through analysis of Glassdoor data and LLM-BERT techniques, it is revealed that roughly 21% of job ads could be considered ghost jobs, especially prevalent in certain industries and larger companies. The practice may be driven by the ease of posting job ads and maintaining a talent pipeline. Surprisingly, ghost jobs may explain the Beveridge Curve disconnect over the past fifteen years. Policy-makers should take note of this issue, as it leads to job fatigue and disrupts market dynamics.

https://arxiv.org/abs/2410.21771

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