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Here are some ways job seekers are misinformed about the job market.
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Job hunters are not getting an accurate picture of the job market. Companies place phantom jobs to build a pipeline of candidates for the future. Fake jobs are used to show that the company is doing well and growing while everyone else is floundering. Many jobs are posted on the company website and end up on job aggregation sites. To the job seeker, the roles look new, but they are months old, and most have been filled already. The company can gain a sense of the marketplace by posting phantom jobs.