Indeed CEO says the job market is stuck in a ‘vicious cycle’ if 1,000 qualified candidates can’t get hired: ‘Something’s wrong’
Applications per job spiked by 111% between 2022 and 2025 while recruiter headcount dropped by 56%, leaving recruiters inundated with AI-generated and fake resumes and leaving qualified candidates routinely ghosted in an application 'black hole'.
Who pays: Legitimate job applicants who spend time applying only to be ignored, and employers unable to distinguish real, qualified candidates from synthetic volume.