Friday, June 08, 2018

There Are More Jobs Than People Out of Work, Something the American Economy Has Never Experienced Before - Slashdot

There Are More Jobs Than People Out of Work, Something the American Economy Has Never Experienced Before - Slashdot:
Image result for happy workers"The jobs market has reached what should be some kind of inflection point: there are now more openings than there are workers.
From a report:
April marked the second month in a row this historic event has occurred, and the gap is growing. According to the monthly Job Openings and Labor Turnover Survey released this week, there were just shy of 6.7 million open positions in April, the most recent month for which data are available. That represented an increase of 65,000 from March and is a record. 
The number of vacancies is pulling well ahead of the number the Bureau of Labor Statistics counts as unemployed.
This year is the first time the level of the unemployed exceeded the jobs available since the BLS started tracking JOLTS numbers in 2000..."
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