[forgotoldacc]

That signifies that your company is not appealing to impressive candidates for some reason or another. Companies that offer good pay, some other great benefits in the place of good pay, or kind of okay pay but very interesting work have no trouble getting people, especially in today's market.

[DrProtic]

That goes against the idea that impressive candidates have a difficulty finding a job.

[forgotoldacc]

No. Impressive candidates are applying to jobs that pay somewhat reasonably, even if it's below what they expect. If candidates who are desperate are still completely skipping over a company, that says something about that company.

[MikeNotThePope]

If you're a stellar applicant, you can still get ghosted by simply having your CV at the bottom on the pile.