Since 'Everyone' Is Hiring.. Why Can't You Get A Job?

In today’s rapidly evolving job market, many job seekers find themselves perplexed by the abundance of job openings paired with the difficulty of securing employment. Despite reports from the Bureau of Labor Statistics indicating millions of job vacancies, the reality of landing a job has become increasingly challenging. This seeming contradiction has left many wondering, “If everyone is hiring, why can’t I get a job?” The answer lies in the complex dynamics of the modern hiring landscape, influenced by factors such as ghost jobs, automated screening processes, and economic uncertainty.

The current job market presents a paradox. On one hand, there are more job openings than ever before, with the Bureau of Labor Statistics reporting over 8 million vacancies in 2024. On the other hand, a significant portion of job seekers are struggling to find employment. This discrepancy has led to the widespread sentiment that "no one wants to work anymore," a phrase often cited by employers. However, the underlying issue is not a lack of willing workers but rather systemic challenges within the hiring process itself.

One of the most significant challenges job seekers face today is the proliferation of ghost jobs. These are positions that companies advertise without any real intention of filling them in the immediate future. Ghost jobs may be posted to maintain a talent pool, create an illusion of growth for investors, or satisfy internal policies related to diversity, equity, and inclusion (DEI). For job seekers, applying to these non-existent roles can be an exercise in futility, contributing to the frustration and discouragement many experience during their job search.

The job search process is further complicated by the widespread use of Applicant Tracking Systems (ATS). These automated systems are designed to filter resumes, often rejecting qualified candidates based on rigid keyword criteria or formatting issues before a human recruiter even sees the application. This technological barrier can leave many capable professionals out of the running, adding to the perception that finding a job is nearly impossible.

Moreover, the rise of remote work has expanded the talent pool globally. This means that job seekers are not only competing with local candidates but also with professionals from around the world, making the job market more competitive than ever before. As companies have access to a broader range of candidates, the criteria for hiring can become more stringent, further narrowing the field of opportunities for job seekers.

Economic uncertainty is another critical factor influencing the current job market. Companies may post jobs as a precautionary measure but delay actual hiring until they have a clearer picture of the market’s stability. This can result in prolonged hiring processes, positions being put on hold, or job postings that are not reflective of immediate hiring needs. For job seekers, this uncertainty translates into extended waiting periods and fewer concrete opportunities, contributing to the overall difficulty in securing employment.

While the job market appears to be full of opportunities, the reality for many job seekers is far more complex. Factors such as ghost jobs, automated resume filtering, increased global competition, and economic uncertainty create significant obstacles in the hiring process.

#financialfreedom #financialeducation #jobsearch

0:00 Intro
0:21 Are We Actually In A Labor Shortage?
1:23 Revision Of Over 818k False Jobs Created
2:29 What Are Ghost Jobs?
2:45 Why Companies Are Incentivizes To Create Ghost Jobs
3:03 A Corporate Recruiter Shares His Perspective On Ghost Jobs
4:14 How Companies Profit Off Job Applications
5:58 Why Companies Don't Close Job Openings
7:19 How Ghost Jobs Are Used To Avoid DEI
9:14 Why You Never Get A Response From Your Application
9:27 The Massive Tax Incentive Companies Have Using Ghost Jobs
11:13 The Collapse Of Business Ethics
12:40 Conclusion

Titles for the Algo!
If Everyone Is Hiring.. Why Can't You Get A Job
If Everyone Is Actually Hiring.. Why Is It So Hard To Get A Job
Why Do So Many Companies Post Ghost Jobs
The REAL Incentive For Companies To Post Ghost Jobs

[raven]

Anyone saying, "No one wants to work anymore, " should consider how they'd feel if they applied for hundreds of jobs not knowing they didn't even exist, then had to accept a low wage job just to not be homeless. It sucks. Posting ghost jobs is dishonest, and should be illegal.

[Lomhow]

I told a bunch of Boomers that jobs don't even send rejection letters anymore. They were genuinely shocked. "How are you supposed to know you didn't get the job?" You don't get anything. That's how you know.

[locomotive]

After applying for jobs, I now get tons of spam texts and now likely have my resume and data sold to these data brokers.

[DistrustHumanz]

Selling your personal information that you provide when applying for a job is more lucrative than actually hiring you now.

[Sheppy]

1 year 5 days unemployed 400+ applications 100+ interviews and I finally got hired for a job last week. It is just ridiculous.

[ScarTalon]

"The reason they call it the American Dream is because you have to be asleep to believe it." - George Carlin

[jackof]

My company has had my position open and posted for almost 3 years now. They aren’t interviewing people, they definitely aren’t hiring, but it’s been actively posted for years

[SetariM]

Honestly man, solutions aren't needed if you can't give any. And it's a very heartfelt response that you refuse to shovel drivel out like "HERE'S 3 KEYWORDS TO INCLUDE IN YOUR RESUME TO GET A That stuff is so condescending to hear from other people online, articles, etc. It's more than enough to have the stats on this from you, to have a current, up-to-date- video on the labor market to point to and say, "I'M NOT THE DAMN PROBLEM, THEY ARE!"

Appreciate your work in these videos.

[MarkovianMan]

Posting ghost jobs should be illegal. Give the penalty some teeth: all applicants who met the posted minimum requirements for the position get a year's salary. Watch the practice stop immediately.

[trilliondollarman]

Excellent! Unfortunately, there's people out there who still think it's 1963 and you can apply in person and get an on the spot interview. They think you're lying or lazy if you can't find work.

[ottmatl]

Its going to bite them in the ass in a few years.
1. Low to no experience to train replacements
2. Poor to outright unethical hiring practice.
3. Poor salary
4. Toxic environment
5. High threat of replacement
6. There for shareholders and not all stakeholders

[AshUkihime]

This country is a fucking joke so damn tired of it.

I love the comment that says then just leave, if I bloody money with a good job which doesn't exist at this time especially in a country that only has a hiring rate of 2.2 % I would've been left. You got so much jobs out there that pay crap money for "full time" asking for a masters or a bachelors degree in something that a person would have to have roughly 50k-100, 000 in debt to get to. Plus to the stupid taxes that comes from high paying jobs would literally make the person have to be in debt for life for a bs paying job. Since this country loves sending it's money to bs countries that has nothing to do with the everyday American how about they send me a million dollars see how fast I leave this place that's a collapsing empire. Look at job listing and see how many ghost jobs you can spot from their impossible requirements and bs pay I would suggest reporting these ghost job listings.

[mariaortiz]

I used to be a recruiter for a staffing agency. We would hire for general labor warehouse jobs. They would tell us to tell people that we have jobs available when we didn’t so we could “build a pipeline” for whenever our clients wanted workers.

[carguy]

I live in the United States, and I can tell you the laws here are set to favor the employer, not the employee. A lot of the politicians actually think there should be no minimum wage and no access to health care, with employment strictly at will.

[konstantinpospelov]

Companies feel like they have leverage right now. They have grown delusional.

[PrafullChalak]

These people do not realize that they are playing someone's life. Someone who is in pain, needs immediate help for his family, his old parents are dependent on him. Very sad state of job market.

[intentionally_obscure]

In this environment, it's honestly refreshing enough to see more and more people stand up and acknowledge that things are fundamentally not working. I think we all wish we could do more, but it can't be your sole burden to provide answers for all of us.

[troxistmajin]

My response rate from job applications is lower than it was 10 years ago. 10 more years of job experience would logically imply I get a higher percentage rate of responses.

And some of these jobs are "entry level", but asking for 5-7 years of job experience. Wild.

[amazingbrahmagupta-hoxh]

I gave up. Current plan is to cash out and take an early retirement. I wasn't going to retire for another 30 years, but I have enough to retire overseas now.

[Pra-Zed]

The system isn't broken, it was designed from the start to work against the worker and in turn the city and state tax base. Greed has no fill.