Ghost Jobs and Shrinking Consultant Salaries Spell Trouble for Other Workers

- Consultants are increasingly facing 'ghost jobs,' with listings showing no hiring activity hitting a two-year high. - The prevalence of ghost jobs in consulting rose to 31% in the second quarter, up from 26% two years ago. - Frustrated jobseekers report being ghosted during the hiring process, with recruiters ending communication without explanation. - Slower hiring and job cuts are affecting major firms like Accenture, Ernst & Young, and McKinsey. - Salary increases for consultants are projected to decline for the third straight year, with average salary budgets rising just 3.85% next year. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-09-09/-ghost-jobs-and-shrinking-consultant-salaries-spell-trouble-for-other-workers)