State Lawmakers Try to Crack Down on ‘Ghost Jobs’

What you'll learn

• 1 (00:18) **Trump's Beef Import Plan Faces Pushback** - President Trump announces a plan to import up to 300,000 metric tons of ground beef at 25% below market prices for 90 days to combat food inflation, but cattle ranchers oppose it, warning it will hurt efforts to rebuild the U.S. herd.
• 2 (02:17) **Fannie Mae Layoffs Raise Mortgage Market Concerns** - The Journal exclusively reports that about a dozen high-ranking officials were let go at Fannie Mae, sparking worries about risks to the mortgage market's stability.
• 3 (03:00) **Markets Close Higher, Bitcoin Surges on Crypto Optimism** - Despite Treasury efforts to contain borrowing costs, the Dow led gains with a 1% close, while Bitcoin had its best week in two years, surging 22% to nearly $80,000.
• 4 (05:04) **NHTSA Investigates Nearly 1 Million GM Vehicles for Engine Failure** - Federal auto safety regulators open an investigation into nearly one million GM pickup trucks and SUVs after almost 500 complaints about engine failure in vehicles already serviced under a recall.
• 5 (05:51) **Ghost Jobs: The Problem and New State Legislation** - The show introduces the concept of "ghost jobs," where companies post roles they have no intention of filling, and reports on new state laws aiming to crack down on the practice.
• 6 (06:26) **New York and Pennsylvania Bills Target Ghost Jobs** - Journal workplace reporter Lauren Weber explains that New York lawmakers have passed a bill to Governor Kathy Hochul, and a similar bill is pending in Pennsylvania, both requiring more transparency and timelines for job postings.
• 7 (07:16) **Why Companies Post Ghost Jobs** - Weber explores the reasons behind ghost jobs, from economic uncertainty and budget shifts to job seeker suspicions of data harvesting or signaling company growth.

+ Full timestamped outline available in the app