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The growing prevalence of ghost jobs has fundamentally damaged the labor market, creating a landscape defined by frustration, wasted time, and diminishing trust. Ghost jobs—positions posted with no intention of hiring—have become widespread across major platforms like LinkedIn and Indeed, contributing to the growing disconnect between job seekers and employers. While headlines focus on worker shortages or question why no one wants to work anymore, the reality is far more complex. People are applying. But more often than not, they’re applying to jobs that were never real to begin with. In recent years, companies have increasingly relied on fake jobs as a strategic tool—posting roles to collect resumes, test market conditions, or give the illusion of growth during periods of hiring freezes and layoffs. This practice skyrocketed after the 2008 financial crisis and has only accelerated in the wake of the 2020 global pandemic, leaving millions of job seekers chasing opportunities that simply do not exist. At the same time, large-scale layoffs dominate the headlines, further complicating the labor market. Employers publicly downsize while quietly keeping job listings active, creating a false sense of demand and stability. The rise of ghost jobs has also given way to a surge in job scams. Bad actors are increasingly creating fraudulent listings designed to harvest personal information under the guise of employment opportunities. These scams prey on the desperation of job seekers who, in the face of economic uncertainty, are willing to apply to dozens of jobs daily. What was once a straightforward hiring process has become a minefield, forcing applicants to navigate fake jobs, algorithm-driven platforms, and endless application cycles with little to no feedback. Unfortunately, job boards benefit from this model. Platforms profit from the volume of listings—real or not—while offering limited protections for applicants. Companies face no obligation to remove outdated or inactive posts, which only adds to the confusion and skepticism now surrounding the labor market. Meanwhile, automated systems filter applications long before they reach a human recruiter, making it even harder for qualified candidates to stand out. This environment is driving a growing narrative that no one wants to work anymore. In reality, people are ready and willing to work. But the system itself has become so flawed—oversaturated with ghost jobs, inflated by layoffs, and riddled with scams—that it’s increasingly difficult for applicants to find legitimate opportunities. The impact is far-reaching, undermining trust in the hiring process, damaging employer reputations, and leaving countless talented individuals sidelined. Until there is greater transparency and accountability in how jobs are posted and managed, this cycle will continue. The labor market has been flooded with fake jobs and artificial demand, distorting economic indicators and leaving workers wondering if meaningful employment is even attainable. #financialeducation #financialfreedom #history 0:00 Intro 0:21 How Ghost Jobs Have Been Weaponized For Centuries 2:42 How Ghost Jobs Became Used For "Government Compliance" 4:40 How 1980s Corporate Greed Formed Modern Ghost Jobs 5:40 How The Digital Job Boards Gave Recruiters A Monopoly Of Power 6:17 How The 2009 Global Financial Crises Created Phantom Jobs 7:13 Why There Are SO MANY Ghost Jobs On LinkedIn (Unbelievable) 7:57 My Real Life Example Of LinkedIn Fraud 8:46 How 2020 Escalated The Use Of Ghost Jobs 9:03 Why Ghost Jobs Are Used For Data Harvesting 10:28 Why Ghost Jobs Are Still Being Used For "Government Compliance" 11:02 Why Companies Use Ghost Jobs To Save On Recruiting Costs 11:34 Why Recruiters Use Ghost Jobs AGAINST One Another 13:12 Why Ghost Jobs Are Actually Illegal.... Kinda 13:35 Why I Believe Ghost Jobs Are NOT Illegal 14:40 Disgusting Facts About Recruiters Use Of Ghost Jobs 15:32 Why I WONT Be Giving You "3 Tips To Avoid Ghost Jobs" 18:58 Why Ghost Jobs And The Modern Labor Market Are Crushing Young People Titles for the Algo! How Ghost Jobs Destroyed The Job Market How Ghost Jobs Ruined the Job Market How Ghost Jobs Destroyed The Labor Market Why Ghost Jobs Destroyed The Labor Market