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Stock impact report

4 in 10 companies say they've posted a fake job this year—what that actually means [CNBC]

ZipRecruiter, Inc. Class A (ZIP) 
Company Research Source: CNBC
As many as 4 in 10 companies say they've posted a “fake job listing” this year, and 3 in 10 companies say they're currently advertising for a role that isn't real. That's according to a May survey of 649 hiring managers from Resume Builder, the career site. Fake jobs, in this case, refer to online listings for roles the company isn't actively hiring for but wants to use to collect resumes, among other reasons. (Fake jobs that turn out to be scams are another issue entirely.) It's also worth noting that while this proportion of companies say they've posted a fake job, that doesn't mean the same share of their listings are fake. The strategy, frustrating as it is, isn't entirely new, says Stacie Haller, chief career advisor at Resume Builder. For example, temp agencies “constantly need new talent and are always running new job ads because, if a client needs someone, they need [a candidate] who's already vetted,” Haller tells CNBC Make It. In these situations, agencies may conta Show less Read more
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