Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010
January 2011
February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
24
25
26
27
28
29
30
31
News Every Day |

That job you're applying for might be fake

Photo illustration of a now hiring sign.

Hello! AI-powered pick-up lines? The app Rizz can decode your screenshots and offer advice on how best to respond during the early stages of dating.

Another reminder: Our sale on a Business Insider subscription ends Thursday. More details here.

In today's big story, we're looking at how the next job you apply for might be fake.

What's on deck:

But first, send me your résumé.


If this was forwarded to you, sign up here.


The big story

Now (not really) hiring

photo illustration of 'we are hiring'

Corporate America has gotten so bad that companies are posting jobs they don't intend to fill.

A recent survey of hiring managers by Resume Builder found three in 10 companies have active fake job listings, writes Business Insider's Tim Paradis. And there is zero shame in their game, as nearly 70% of hiring managers said fake job posts were "morally acceptable."

In fact, some companies justify the move as a way to help their employees. Posting jobs can give workers the impression the company is growing and signal to burnt-out employees that help is on the way.

Except, you know, it's not.

It's another knock for people navigating an incredibly frustrating labor market. While employment is still relatively low, sitting at only 4%, the job market is also pretty stagnant.

High-paying white-collar roles aren't readily available, and people aren't quitting as much as they once were. (Goodbye, Great Resignation; hello, Big Stay.)

woman at job fair

Even if you find a legitimate job posting, it doesn't get much easier.

With the power firmly back in employers' hands, the hiring process has become a marathon, writes BI's Alexandra Bacon. Multiple interview rounds, personality tests, and on-site assessment days drawn out across several months have become the norm.

And even then, you might still get ghosted!

It's an issue that's particularly relevant for entry-level roles, which are also under threat of being automated away by AI.

Maybe that's why so many young people are feeling depressed and disconnected from their peers. Beaten down by the process, some are opting to wait things out. Last year, roughly 20% of people aged 15 to 24 were NEETs, not in education, employment, or training.

Some might argue companies taking their time to hire is a good thing in the long run. Better to make sure they get the right candidate than rush to fill positions that don't ultimately work out, which could lead to layoffs. Workers were also spoiled with the 2021 job market, where candidates named their prices.

Workers can claim back some power even in the current environment. Thanks to some states' pay transparency laws, job postings (even if they aren't real) give current employees an idea of how their salary compares to what their company is advertising for other roles.

And a fake job posting might be a blessing in disguise. After all, do you really want to work for a company willing to do that in the first place?


3 things in markets

Photo illustration of a laptop with wires and the Citi logo.
  1. Citi Wealth's tech is a dumpster fire. The bank's tech isn't exactly highly regarded — leading to an accidental $900 million transfer in 2020 — but it's a real problem for Citi's struggling wealth business. An audit estimates it'll cost at least $500 million to overhaul Citi Wealth's patchwork technology.
  2. It's showtime for Nvidia investors. The AI darling's annual shareholder meeting is today. It comes after a tumultuous few days in the market that saw it shed more than $400 billion in market cap. For some it was a hiccup, but others worry it could signal a bubble preparing to pop. Nvidia's dominance could also be tested by a competitor's approaching IPO.
  3. Bad news bears. Stocks are looking "eerily similar" to the last bear-market crash in 2021, Charles Schwab said this week. Although the market is flourishing at the index level, individual stocks aren't doing so hot. That means a bear market could be on the horizon.

3 things in tech

Boxing gloves with the apple and meta logos
  1. Apple's beef with Meta isn't going anywhere. One day after the Wall Street Journal reported that Apple was in talks with Meta for an AI deal, Apple corrected, telling Bloomberg it wasn't going to partner with Mark Zuckerberg's company any time soon.
  2. These are the types of AI startups investors want to fund next. BI asked nine VCs what they're most excited about in AI and what they're tired of. The most desirable startups are building AI's infrastructure, working with unstructured data, and revolutionizing software development. Investors said they're ready to move on from large-language models since big players dominate the space.
  3. Microsoft's AI CEO works closely with these execs. An internal Microsoft tool that tracks employee interactions has revealed which executives work with new AI CEO Mustafa Suleyman the most. It also shows 12 execs who report directly to Suleyman, including Inflection AI cofounder Karén Simonyan.

3 things in business

Image of a statue thinking and a briefcase.
  1. The real problem with work isn't pay or perks, but lack of purpose. Americans increasingly feel their jobs are meaningless, and their dissatisfaction makes them more likely to quit. The feeling is especially prevalent among Gen Z and millennials.
  2. A former SAP employee breaks her NDA. After Ashley Kostial reported being raped by a colleague during a work trip, she felt pressured to sign two nondisclosure agreements — one with SAP and its subsidiary, Ariba, and one with her insurance provider, Aetna. She's decided to risk coming forward now because she views the NDAs she signed as unjust — and wants to see the use of NDAs ended for other victims of sexual assault.
  3. Wind power stays winning. A millennial who switched from working on oil rigs to wind turbines says he's been promoted faster in renewable energy thanks to the sector's rapid expansion. Employment in wind is expected to triple by 2030 in the UK, where he lives, and it's the fastest-growing career in the US.

In other news


What's happening today

  • Julian Assange attends his sentencing hearing after agreeing to plead guilty to espionage charges.
  • Russian judicial proceedings against detained Wall Street Journal reporter Evan Gershkovich begin in secret.
  • Paris Hilton, who spent nearly two years in residential treatment facilities as a teenager, testifies in Congress on child welfare.
  • "The Bear" season 3 drops on Hulu.

The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Annie Smith, associate producer, in London. Amanda Yen, fellow, in New York.

Read the original article on Business Insider
News Every Day

Mikel Arteta demands more Arsenal signings as he gives cryptic update on Riccardo Calafiori transfer

TV fame Drashti Dhami shares her workout routine during the pregnancy; see video

Exclusive - Sayantani Ghosh expresses happiness as sets of her show Dahej Daasi shifted close to her home; says 'I've been manifesting this for quite some time now'

England U20 overpower France to be crowned world champions

Mikel Arteta demands more Arsenal signings as he gives cryptic update on Riccardo Calafiori transfer

Ria.city






Read also

Canva’s AI tools are leading a creative revolution

Good Morning Britain’s Richard Madeley wades into Strictly drama after Steve Backshall bullying row resurfaces

Girl, 6, left paralysed and unable to talk after bout of chickenpox triggered a stroke

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

England U20 overpower France to be crowned world champions

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

England U20 overpower France to be crowned world champions



Sports today


Новости тенниса
Даниил Медведев

Теннисист Медведев получил пятый номер посева на Олимпиаде в Париже



Спорт в России и мире
Москва

Президент Федерации дзюдо России: «Вся страна поддержала позицию, которую заняли наши спортсмены»



All sports news today





Sports in Russia today

Москва

Росгвардейцы обеспечили безопасность во время футбольных матчей в Москве


Новости России

Game News

According to BioWare, Dragon Age: The Veilguard is the first entry in the series where "the combat's actually fun" and where characters are "intentionally" the focus of the storytelling, which seems pretty unfair on the first three games


Russian.city


Game News

Conscript is an old school survival horror game where the horror is just that you're in World War 1


Губернаторы России
10

D&D's new 2024 Player's Handbook will have 10 species to choose from including goliaths, and drow will be closer to their Baldur's Gate 3 version


Отрытый конкурс красоты и таланта «Одна на миллион»

Дело возбуждено после гибели российского блогера МотоТани при ДТП в Турции

Кажетта Ахметжанова: какие цифры в дате рождения отвечают за денежный магнетизм человека

Филиал № 4 ОСФР по Москве и Московской области информирует: За полгода 14,9 тысячи жителей Московского региона оформили страховую пенсию в автоматическом режиме на портале госуслуг


Тимати, МОТ, «Руки Вверх!» и 205 000 гостей: в России прошел VK Fest. Как это было?

Shaman объяснил, почему выступил у посольства США в Москве

В Гатчине представят оперу «Самсон и Далила» Камиля Сен-Санса

Shaman назвал выступление у посольства США ответом РФ на блокировку на YouTube


«Никто не вправе давать советы». Веснина рассказала, почему нужно ехать на Олимпиаду

Названа причина поражения Хачанова во втором круге Уимблдона

Рафаэль Надаль проиграл в первом финале тура ATP в преддверии своей последней Олимпиады

Победительница Уимблдона приняла неожиданное решение по участию на Олимпиаде



Путин назначил Романа Курынина замглавы МЧС России

Филиал № 4 ОСФР по Москве и Московской области информирует: С начала 2024 года 140 тысяч женщин и новорожденных Московского региона получили услуги по родовым сертификатам

22 июля Всемирный день мозга. Отвечаем на популярные вопросы о когнитивных расстройствах 

Представители «Метровагонмаш-Сервиса» посетили СЛД «Москва-Сортировочная» филиала «Московский» компании «ЛокоТех-Сервис» для обмена опытом


«Спартак» проиграл в первом матче РПЛ под руководством тренера Станковича

Путин включил в Госсовет врио глав девяти регионов

Правдивый рассказ про отдых в Дагестане: цены и удобства, страхи и ошибки

30 миллионов тормозных колодок выпустило Новосибирское ЛП Желдорреммаш за свою 80-летнюю историю


Пострадавшие во время теракта в "Крокус Сити Холл" обратились в суд с иском к страховой компании

Первая выставка межрегионального проекта «Живописная Россия. По законам жанра» пройдет в Ставрополе

Представитель Кремля Песков заявил об ответственной позиции Москвы по Арктике

Более 300 человек приняли участие в Кубке Карякина в Королеве



Путин в России и мире






Персональные новости Russian.city
Прима

Прима-балерина Ирина Сапожникова возвращается во Владивосток



News Every Day

TV fame Drashti Dhami shares her workout routine during the pregnancy; see video




Friends of Today24

Музыкальные новости

Персональные новости