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One in Five Online Job Postings Are “Ghost Jobs,” New Analysis Reveals

by Team Lumida
January 13, 2025
in News, Next Gen Wealth
Reading Time: 3 mins read
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Photo by The Jopwell Collection on Unsplash

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Key Takeaways:

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• 18-22% of jobs advertised in 2024 were never filled
• 70% of companies posted at least one ghost job in Q2 2024
• Construction, arts, food & beverage, and legal sectors show highest ghost job rates
• Major platforms implementing verification badges to combat fake listings

What Happened?

Hiring platform Greenhouse’s analysis reveals that approximately 20% of online job postings in 2024 were “ghost jobs” – positions advertised but never filled. The study found that nearly 70% of companies posted at least one ghost job, with 15% being regular offenders where half their advertised positions remained unfilled. This trend persists despite healthy economic indicators, including December’s addition of 256,000 new jobs.

Why It Matters?

This phenomenon significantly impacts both job seekers and the labor market’s efficiency. It creates false expectations, wastes candidates’ time and resources, and undermines trust in hiring processes. The disconnect between robust hiring data and job seekers’ experiences suggests a more complex labor market reality than traditional metrics indicate. The situation particularly affects white-collar workers, who report increasing difficulty in securing positions despite apparent market strength.

What’s Next?

Major platforms are implementing solutions to address this issue. LinkedIn and Greenhouse have introduced verification badges for legitimate job postings, with LinkedIn reporting over 50% of its listings now verified. Job seekers are advised to focus more on networking and relationship-building rather than solely relying on job boards. For investors and market analysts, this trend suggests a need to look beyond traditional employment metrics when assessing labor market health. Companies may face increased scrutiny of their hiring practices, potentially leading to more transparent recruitment processes. The situation also highlights the growing importance of verified job platforms and networking tools in the evolving job market landscape.

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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018