Job provide scams (probably extra plausible than this one) have exploded in the previous couple of years, in keeping with knowledge from the Federal Commerce Fee:
- Within the first half of 2025, reviews of on-line job scams jumped by 19% in comparison with the identical interval final 12 months, costing hopeful job-seekers nearly $300 million.
- Textual content scams have grown particularly shortly within the final 5 years, with 20,673 reviews final 12 months in contrast with simply 4,872 reviews in 2020.
Massive image: Whereas these sorts of scams exist in any type of financial system, they’re doubly pernicious in a weak labor market the place so many Individuals are desperately making use of for work. Final month was the worst October for layoffs since 2003.—MM
This report was initially printed by Morning Brew.
