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Ghost jobs have to be one of the final steps before the Great Fall. I can't imagine the system staying sustainable when companies are making money by pretending to hire people as unemployment soars and the government has completely gutted or dismantled consumer and worker protections.
We're going to have a massive economic collapse, most likely immediately after Trump dies so that he won't face accountability and his followers will not only remember him as a hero, but associate the new depression-level collapse with the democrat president who will inevitably be elected in to repair the damage.
I've seen this happen before over and over, but I've never seen the cyst swell so large before bursting.
I'm watching the amount of unfilled jobs skyrocket at the plant i contract at. They remove them from workday after two weeks but they just get posted again. 30-40k/year jobs for pretty shit shift work. 60k for electricians. 80k for engineers with 5+ experience, lean leader/six sigma bullshit.
Companies are actually lowering pay from what I've seen and struggling to understand massive turnover rates.
Im seeing this. Postings leaving and coming back. I have figured out the minimum to keep me in the black and its 90k.
In my experience, some companies keep large numbers of job openings listed in case "something happens" to a chunk of their workforce.
They likely feel like it's worthwhile to keep an available "pool" of workers who can come in right away if needed and most desirable of all, they can start at entry-level wages as they replace senior workers who are earning a lot more.
No company is too large to be willfully digested by private equity, and one of the first things they do after over-valuing their company, is start gutting the workforce from managers and other senior positions to cut costs.