I thought Indeed charge companies for posting and per applicant clicks? That combined with near 100% university graduate capture is what Japanese job market is like, where their current owner's corporate HQ resides.
In that environment, the agency maximizes clicks and matches because that earns them most. Applicants are lured to maximize numbers of applications and qualifications(and failed matches), hiring companies go FOMO mode, hype up themselves and tighten up requirements. Everyone's paperclipping everything and producing clinically depressed graduates in big batches. It's a huge resource sink. Then of course fake posting problem isn't even remotely gets solved because the power structure builds up in the background in uncaptured dimensions, parallel to the system. You wouldn't want that.
In that environment, the agency maximizes clicks and matches because that earns them most. Applicants are lured to maximize numbers of applications and qualifications(and failed matches), hiring companies go FOMO mode, hype up themselves and tighten up requirements. Everyone's paperclipping everything and producing clinically depressed graduates in big batches. It's a huge resource sink. Then of course fake posting problem isn't even remotely gets solved because the power structure builds up in the background in uncaptured dimensions, parallel to the system. You wouldn't want that.