Pete and Peter open with a story job seekers have been waiting years for: the Texas Attorney General is going after LinkedIn over ghost job postings, subpoenas included. Estimates put fake job postings at 20% to 33% of what's out there, and Texas now joins New York, Pennsylvania, New Jersey, Kentucky, and California in taking legal aim at the practice. They also dig into an overlooked wrinkle: the federal government itself requires companies sponsoring H-1B visas to post jobs publicly even when a candidate is already chosen, and plenty of private employers quietly do the same thing. They cover what candidates can do to protect themselves from the fraud that follows fake postings, since handing over something like a Social Security number to the wrong company can cost real money.
From there, they discuss a Wall Street Journal story on employers hiring firms to research employees' online activity, including tools that claim up to 70% accuracy at unmasking anonymous profiles. Pete and Peter debate where legitimate screening ends and employers digging into private lives begins, and argue that most of it has no business being an employer's concern.
They also break down a second Wall Street Journal piece on how a shrinking labor force, with more workers projected to leave than enter over the next four years, could make AI's rise easier to absorb. Job openings and unemployed workers currently sit at close to a 1-to-1 ratio, and the economy has historically needed roughly 250,000 new jobs a month just to hold that balance. As the workforce shrinks, that number could approach zero, potentially shifting some leverage back toward workers even as AI adoption continues.
Layoffs this week: Verizon is closing 274 retail stores nationwide, and Volkswagen confirmed the largest layoff in automotive industry history. On a brighter note, weekly unemployment claims came in at 208,000, a historically low number.
4 Corner Resources' quarterly Employee Mindset Survey analysis is still underway. Pete and Peter will dedicate a full episode to those results soon. In the meantime, visit www.4cornerresources.com for hiring and job search resources.