Core Insights - The concept of "ghost growth" is emerging, where employees perceive career advancement that lacks real benefits such as pay, promotion, or meaningful responsibilities [2][3] - A significant portion of the workforce is experiencing frustration and burnout due to ghost growth, with nearly 70% considering quitting as a result [2][4] Group 1: Definition and Impact - "Ghost growth" is defined as achieving success on paper without corresponding real-world benefits, leading to increased responsibilities without adequate compensation or career progression [3] - The survey indicates that 65% of U.S. employees have experienced ghost growth, with 53% feeling their career appears to be growing but does not feel that way [5] Group 2: Employee Sentiment - Approximately 25% of workers express frustration due to ghost growth, and around 20% report feelings of burnout [4] - Employees desire tangible rewards such as higher pay, better work-life balance, and leadership roles to counteract the effects of ghost growth [4] Group 3: Market Context - The rise of ghost growth coincides with a cooling job market, as evidenced by U.S. companies cutting 32,000 jobs in September, indicating a reduction in hiring opportunities [5] - Many employees feel they are in a career plateau, with companies attempting to mask this stagnation through superficial opportunities [5]

Have you ever applied for a job and waited to hear back only to not get a response and see the position never gets filled. That's called a ghost job, and an expert says they could erode people's trust in the labor market. Government data for years has shown that there are at least as many job openings as there are unemployed workers.But when you take a look at actual hirings, not all of those available jobs are being filled. Not even close. Since the beginning of last year, data from the Bureau of Labor Sta ...