"Companies post ghost jobs to build large applicant pools for future needs, create an image of growth to boost INVESTOR or employee morale, or maintain visibility and engagement on job boards to game algorithms. Other reasons include budget constraints, a difficulty in filling highly specialized roles, or automatic copying of listings by job boards. "
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Some of the job postings you see are also already earmarked for people who have already been selected (ie: interns being hired full time)
Majority