Truth in Job Ads
What if workers focused on productive endeavors instead of ghost jobs?
Currently, legions of job seekers are applying for positions that do not exist.
While this will come as no surprise to beleaguered workers, the taxpayers pay for this loss of productivity — a problem that could be resolved if political leadership legislated meaningful labor regulations governing truth in job advertisements.
Workers waste time rewriting their résumé, crafting a cover letter and answering questions for companies advertising openings that are fake.
Anecdotal evidence suggests it can take months and over 1,000 applications to land a coveted job or sometimes even an interview, often resulting in the realization that there is no job.
Employers give excuses that no hire will be made due to “budget constraints” or worse — they do a rug pull after an offer has been extended.
A Clarify Capital survey of 1,000 hiring managers revealed that 50% admitted they had advertised an opening without the intention to hire. Many of these fake roles languish on job boards for six months or more garnering thousands of applications while legitimate positions aren’t targeted to be filled for two or three months.
