|
PANDORA’S BOX
EVERYTHING GOT OUT. THE HOPE IS AT THE BOTTOM.
|
|
THE ONE-WAY DOOR
Two Hundred Ninety One Applications To Fill One Job
In early 2021 it took about a hundred. Applying became free, so everyone applies, so the reading stopped being done by people.
|
|
Applying used to cost you something. A stamp, a drive, an afternoon writing one letter for one job. Now it costs a click. Recruiters at American companies process about two hundred ninety one applications for every hire they make. In early 2021 the number was around a hundred.
|
|
That is the whole mechanism, and it runs one way. Free applications mean more applications. More applications mean the pile stops being readable by a person. So the pile gets read by software instead, which makes applying feel pointless, which makes people apply to everything.
|
|
The numbers on the other side match. Forty six percent of candidates say their faith in hiring has dropped. Sixty three percent have been interviewed by a machine. Thirty eight percent have walked away from a job because of it.
|
|
|
|
21% OF RECRUITERS
ARE VERY CONFIDENT THEIR OWN FILTER WORKS
|
| → |
The other four in five are not sure their systems keep the qualified people in. That is the people running the machine, not the people being sorted by it. |
|
|
|
FROM OUTSIDE THE BOX
Some Investors Are Positioning Before the Next Big Shift |
Major financial changes rarely come with a warning.
By the time headlines confirm what’s happening, early movers are often already positioned.
That’s one reason gold has started drawing renewed attention from retirement savers, conservative investors, and Americans concerned about inflation and long-term purchasing power.
You’ll learn:
- Why the 1971 gold standard decision still matters today
- What some experts believe could happen if monetary policy shifts again
- Why physical gold tends to gain attention during periods of uncertainty
- The possible risks of relying entirely on paper-based assets
- What many investors are doing now before potential changes unfold
|
The goal isn’t panic.
It’s preparation.
Understanding how gold has historically reacted during economic transitions may help you make smarter decisions for the future.
Reagan Gold Group does not provide financial, legal, or tax advice. This information is for educational purposes only and should not be considered investment advice. All investments carry risk, including loss of principal. Past performance is not indicative of future results. Consult your licensed financial advisor before making investment decisions. This is an advertisement. If you no longer wish to receive promotional messages from this advertiser, please click here: Unsubscribe. Or write to: 2029 Century Park E Suite 400, Los Angeles, CA 90067
|
|
|
Between one in five and one in four postings is not a real opening. Greenhouse counts ghost jobs at eighteen to twenty two percent in a normal quarter. Some build a pool for later. Some show investors that a company is still growing. And some remind the people already inside that they can be replaced.
|
|
A Harvard career adviser put a name on the result. Gorick Ng calls it systemic cynicism. Candidates assume every posting is fake and every rejection is automated, and that the interview they recorded was never watched.
|
|
We graded this CLOSING rather than SEALED because half of hiring managers say the tools improved their process. Courts are starting to look. But no mechanism exists to make applying expensive again. The flood is the part that does not go back, and the filter is only the answer to it.
|
|
EVERY LEAD PASSES BEFORE IT RUNS
The One-Way-Door Test
|
| 01 |
Can it be undone?
The filters can be regulated, and courts have started. No mechanism exists to make applying cost something again.
|
|
|
| 02 |
Who is already repositioning?
Thirty eight percent of applicants now walk away from a process that includes a machine interview. A California court is hearing a case about screening bias.
|
|
|
| 03 |
What does being late cost?
It already takes about a quarter longer to fill a role than it did before the pandemic. Both sides are paying for the same loop.
|
|
|
|
THE MOVE · WHILE THERE IS STILL TIME
Stop structuring the application and start going around it. The pile is read by software, so the reliable way in is a person already inside. Pick three companies rather than thirty. Find one human at each, a former colleague or someone from a trade group, and ask for fifteen minutes instead of a referral. One internal note moves you past a filter that four in five recruiters cannot vouch for.
If the next Greenhouse report puts ghost jobs under ten percent, or recruiter confidence above half, the pile is being cleaned up and this reading weakens. We will say so. |
|
|
ALSO GOT LOOSE TODAY
|
Ray Dalio said this week’s Treasury buyback fits a pattern that points toward a debt crisis rather than away from one. He has been early before. |
MONEY |
|
Brent is approaching a hundred dollars with transits through the Strait of Hormuz still near a standstill. The premium is no longer a headline, it is a level. |
RESOURCES |
|
Broadcom is in talks to raise somewhere between seventy and eighty billion dollars of debt for a chip financing deal. Another builder borrowing against the same future. |
MACHINES |
|
|
WHAT’S LEFT AT THE BOTTOM
The software guards the entrance, not the room. Every company still hires by asking somebody it trusts, and that part never got automated. It is open to anyone willing to make one phone call. WE WATCH THE BOX.
|
|
| |
