When a job opportunity is actually a scam
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 8 July 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
You may have gotten the unsolicited texts, LinkedIn messages or other offers from scammers posing as recruiters. The may even have a legitimate-looking listing on a job hiring site. You have a virtual interview, then the recruiter starts asking for personal information like your Social Security number to fill out “employment paperwork” — but actually they’re stealing your identity. Plus, examining the Sahm Rule and use of the U.S. dollar in Lebanon.
Transcript
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| 0:00.0 | There's a new warning about scams targeting people looking for jobs. |
| 0:06.0 | I'm David Brancatcho in New York. |
| 0:08.0 | You may have gotten the unsolicited texts, LinkedIn messages or other offers from phony recruiters. |
| 0:14.0 | It's hard to blow those off if you were in fact waiting to hear about a job. |
| 0:18.0 | The scams are getting more sophisticated, as Marketplace's Nancy Marshall Genser reports. |
| 0:22.0 | The scammers pose as recruiters. as offer via email. You have an interview but virtually not in person. Then the recruiter starts |
| 0:35.7 | asking for personal information like your Social Security number or driver's license. They say it's |
| 0:41.2 | to fill out employment paperwork, but actually they're stealing your identity. |
| 0:45.0 | They may even ask you for money. |
| 0:47.0 | They say you have to pay up front for equipment like a computer or training. |
| 0:51.0 | They promise to reimburse you you but never do. |
| 0:54.0 | According to the Federal Trade Commission, the number of business and job |
| 0:58.0 | opportunities scams almost tripled from 2019 to 2023. |
| 1:02.0 | The FTC says there are some red flags to watch out for. |
| 1:06.0 | Recruiters may reach out to you from a personal email, not a company account. |
| 1:10.0 | You can protect yourself by contacting the company on its official website to |
| 1:15.2 | verify the job offer. |
| 1:16.8 | I'm Nancy Marshall Genser for Marketplace. |
| 1:19.8 | Now you might like Somme 23, Somme with a P, but economists are closely watching the Somme rules spelled |
| 1:27.9 | SAHM, named after a former Fed economist Claudia Somme. |
| 1:32.3 | It uses increases in the unemployment rate to flag a recession |
| 1:35.8 | and it has a terrific track record. Let's turn to economist Julia Coronado at macro policy |
... |
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