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Job openings hit a fresh record in March, further defying opinion that the labor market is tightening and near full.
The level hit 6.6 million, according to the Job Openings and Labor Turnover Survey released Tuesday. Even though JOLTS figures lag a month, they are closely watched for signs of market slack. Job openings in total rose by 472,000 over February.
Openings jumped in professional and business services, which added 112,000 positions, as well as construction, with 68,000 and transportation, warehousing and utilities, which reported 37,000 new positions.
Couple this with the low unemployment numbers (yeah those numbers are questionable), it makes for an interesting dynamic.
There's plenty of work out there.
If you are from another country, we have work... just come here legally.
Job openings hit a fresh record in March, further defying opinion that the labor market is tightening and near full.
The level hit 6.6 million, according to the Job Openings and Labor Turnover Survey released Tuesday. Even though JOLTS figures lag a month, they are closely watched for signs of market slack. Job openings in total rose by 472,000 over February.
Openings jumped in professional and business services, which added 112,000 positions, as well as construction, with 68,000 and transportation, warehousing and utilities, which reported 37,000 new positions.
Couple this with the low unemployment numbers (yeah those numbers are questionable), it makes for an interesting dynamic.
There's plenty of work out there.
If you are from another country, we have work... just come here legally.
I remember when women went to work en mass. It was 1977. Before then, a lot of mothers were at home. Then it all changed.
The labor participation rate in 1977 was 61%. And we got along fine! I was born in 1945 and in 1963, the year I graduated from high school, it was 59%!
I wonder if we are going back to that level. It peaked in 2001 at 67% and is now at 63%. A lot of people have worked their last day - by choice. https://tradingeconomics.com/united-...icipation-rate
Job openings hit a fresh record in March, further defying opinion that the labor market is tightening and near full.
The level hit 6.6 million, according to the Job Openings and Labor Turnover Survey released Tuesday. Even though JOLTS figures lag a month, they are closely watched for signs of market slack. Job openings in total rose by 472,000 over February.
Openings jumped in professional and business services, which added 112,000 positions, as well as construction, with 68,000 and transportation, warehousing and utilities, which reported 37,000 new positions.
Couple this with the low unemployment numbers (yeah those numbers are questionable), it makes for an interesting dynamic.
There's plenty of work out there.
If you are from another country, we have work... just come here legally.
Who ever wrote that article doesn't understand what full employment is as they seem to see it as a negative .
Also, this is what Republicans were talking about when they said Trump created 6.6 million jobs lol, I'm glad someone finally attempted to explain it to the right wing
Trump could cure cancer and they would see it as an attack on the medical field.
MUST RESIST TRUMP AT ALL COSTS...
This is not a good statistic.
If you want to 'blame' or 'give' Trump credit -- that's on you...but this is NOT something to boast about.
It doesn't help our economy that we can't fill the jobs that are out there.
How does this become a feather in anybody's cap?
It's not Trump's fault.
It's because we have been growing steadily for over 8 years now -- adding jobs each month. As we add more jobs, the baby boomers are retiring, people are more comfortable so maybe some folks don't HAVE to work anymore....so they drop out.
We now NEED workers. This is not something that happened magically in a year. (We would have had to have seen a HUGE spike in employment numbers at some point in the last few months and we haven't -- it has been consistent with the 7 years before Trump took office).
It's an interesting dynamic but it isn't Trump's fault, nor is it to Trump's credit.
The problem is the mismatch. Unemployed coal miners can't necessarily become electricians. Unemployed English majors can't necessarily be nurses.
I'm not sure that in the last 5 years there has been a surge of English majors. I think the 60's, 70's and really early 80's were the height for liberal arts degrees. But I could be wrong.
Is it electrical jobs that are out there?
Here in the Charleston SC area there is an extreme shortage of restaurant employees. unemployed English majors excel in those positions but yet they can't seem to find people.
Now, if we could only get the deadbeats living on the sidewalks of our major cities to actually take a shower and go apply for one of those jobs.... But what fun is working for a living?
Sounds like the time is right to move forward with automation to a greater degree, since we can't find people to fill these jobs.
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