In March, employers advertised 6.55 million open jobs, the most on records dating to December 2000, the Labor Department said Tuesday . At the same time, there were 6.59 million unemployed people.
That's a historical anomaly. Typically, there are far more unemployed people than advertised job openings — often twice as many. And back in July 2009, just after the Great Recession, there were 6.7 unemployed people, on average, for each open job. With that ratio now at essentially 1 to 1, the job market appears to be tilting in favor of workers and job-seekers rather than employers.
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https://www.foxbusiness.com/markets/us-job-openings-equal-unemployed-for-1st-time-in-2-decades
Wages and benefits should increase.
ReplyDeleteSuch a bunch of hogwash
ReplyDeletePlenty of jobs on the other side of the bay bridge all the way to the Pacific ocean.
ReplyDeleteBut not for old white men. Right!
ReplyDelete