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Thursday, May 10, 2018

US job openings equal unemployed for 1st time in 2 decades

If you're looking for a job right now, this may be about as good as it gets: There are roughly as many open jobs in the United States as there are unemployed people.

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.

More

https://www.foxbusiness.com/markets/us-job-openings-equal-unemployed-for-1st-time-in-2-decades

4 comments:

  1. Wages and benefits should increase.

    ReplyDelete
  2. Such a bunch of hogwash

    ReplyDelete
  3. Plenty of jobs on the other side of the bay bridge all the way to the Pacific ocean.

    ReplyDelete
  4. But not for old white men. Right!

    ReplyDelete

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