Monday, July 23, 2018

Workers are 'Ghosting' Jobs and Interviews

The boom of the Fed-created boom-bust cycle is on full blast furnace.

CNBC reports:
In the hottest job market in decades, workers are holding all the cards. And they’re starting to play dirty.
A growing number are "ghosting" their jobs: blowing off scheduled job interviews, accepting offers but not showing up the first day and even vanishing from existing positions – all without giving notice.

While skipping out on appointments and work has always happened on occasion, the behavior is “starting to feel like a commonplace” occurrence, says Chip Cutter, editor-at-large at LinkedIn, the job and social networking site, who has studied hiring practices.

While no one formally tracks such antics, many businesses report that 20 to 50 percent of job applicants and workers are pulling no-shows in some form, forcing many firms to modify their hiring practices.