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Are ‘fake’ job ads inflating America’s employment data?

Fed governor says inactive vacancies prove interest rates can rise without hitting labour market

Taylor Goucher is urgently looking to hire accountants and customer support technicians to work for Connext Global Solutions, the offshoring consultancy where he leads client services.

But those are not the only job listings the company has posted. They also have five additional listings, for engineers and a vice-president, that he plans to leave up indefinitely.

“For really tough openings, the right people only come up so often, so we have to leave them open and just sort of wait and hope that at some point, a good candidate is going to come through,” said Goucher, who said he adopted the strategy 18 months ago after working to fill one role for nine months to no avail.

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